Friday, April 17, 2026

Lucky Palmer Shoots for $60 Billion Anduril Valuation


TechGods of War & Spying keep winning in the federal budget cash bonanza.  And they will to lie to our faces.

Peter Thiel, Marc Andreessen and Joshua Kushner are the billionaire funders of firms living off the federal teat.  Thiel and Andreessen got in early when Anduril was valued at $1 billion.  Kushner got in later but has a double and a 6 bagger for Thrive's two investments.


The funding rounds are below:



Palmer is lucky to live in our world of fictions of fantasies where he (and other TechGods) can tell non-truths and deride others for knowing otherwise (that they are lying).  For many of us, it's rather confusing.

Some days it helps to realize:  Politicians Red & Blue love PEU (private equity underwriters) and their new TechGod brethren.  Increasingly, more are one.