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This Week in Startups · November 10, 2025 · 70m

Defense Tech and the Future of Founders Fund

Delian Asparouhov on Founders Fund's thesis: the best returns come from investing in technologies that seem controversial or impossible. Defense tech and space are the current frontier.

This summary was generated from show notes and public descriptions, not from a full transcript review. Details may contain inaccuracies.

Canon

Asparouhov argues that outsized investment returns correlate with the courage required to make the investment. Technologies that scare most investors offer the highest potential returns.
Asparouhov traces how the most transformative consumer technologies (GPS, internet, microwave ovens) originated as military projects, using these biographies to justify defense tech investing.
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