June 08, 2016

The Pentagon Reboots Its Silicon Valley Outpost

Featuring Ben FitzGerald

Source: Bloomberg Technology

Journalist Nafeesa Syeed

One of Washington’s biggest and most ponderous bureaucracies reaches out to do business with Silicon Valley’s agile and impatient entrepreneurs. What could go wrong?

Plenty, based on the initial struggles of the Defense Innovation Unit (Experimental), or DIUx, the California technology outpost that’s a pet project of Defense Secretary Ash Carter. Only three of 20 projects in its pipeline were put under contract in its first eight months, an eternity in a region where a successful venture capital pitch can generate almost instant funding.

 

To read the full article, visit the Bloomberg website.

  • Ben FitzGerald

    Adjunct Senior Fellow, Defense Program

    Ben FitzGerald is a partner at Lupa, a private investment firm, and an adjunct senior fellow at the Center for a New American Security (CNAS). At Lupa he leads the firm’s inve...