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Jake Chapman
Managing Director at Marque Ventures, specializing in defense investments
Jake Chapman is currently an adjunct at RAND, where he co-hosts a defense podcast called "The Merge," which aims to make national security and defense technology more accessible and engaging. He has been in this role since November 2022.1
In addition to his work at RAND, Chapman is the Managing Director at Marque Ventures, focusing on investments in technology sectors that enhance U.S. national security, including AI, robotics, aerospace, and biotech. His career includes various leadership roles, such as being a partner at Gelt Venture Capital and co-founder of Pilea, which supports entrepreneurs in leadership development.1
Chapman holds a J.D. from the University of California, Berkeley, and a B.A. in Political Science from the same institution. He has a background in venture capital and has worked with emerging companies, providing legal and business advice.1
Highlights
Failure is born of a single immaculate scape goat but success has a million plank holders.
Enjoy the long weekend!
Friday 🌶
Dual use as an investment strategy and as a strategy for growing the US defense ecosystem has been a complete and utter failure. The arguments for dual use have become dogma that almost nobody is willing to question. They are alluring and superficially make sense but the evidence is in...
The strategy as expressed by the Department of Defense and by 95% of VCs who are defense curious 👏 does 👏 not 👏 work 👏
The strategy came about in the early-90s... the same time as the last supper and since then costs per capability have skyrocketed, US defense industrial capacity has plummeted, and commercial businesses have abandoned working with the government in droves.
Stop talking about dual-use unless you have something completely new to add to the conversation, your just reenforcing baseless dogma.
Stop requiring a commercial use or adding bonus points for a commercial use in government competitions, you're just making the problems worse.
Start thinking critically about how this industry actually operates and look at the evidence that is right in front of your nose.
This article is a couple years old but it's still true. https://lnkd.in/gkUZWEsE
COTS solutions are great where they work... outside of COTS, just focus on getting the solution to your mission partners and forget about the dual use BS.
👇 Beginning in the year when dual-use became an official strategy for the DoD the number of commercial vendors fell off a cliff.
