Defense tech is awesome. I’m a huge fanboy. The big firms are a vital part of America’s industrial machine. The respect I have for these firms and their accomplishments is massive. Admittedly, when I talk reindustrialization, I don’t put the multi billion dollar companies in the reindustrialize bucket, simply because they’re in a league of their own When I talk Reindustrialization, I’m talking means rebuilding Americas boring and not-sexy production capacity. I’m talking about a movement to grow hundreds or thousands of companies into $100 million+ companies delivering on the unglamorous but essential work: making widgets, ball bearings, PCB assemblies, nitrile gloves, tool dies, molds, and machined parts. These are the firms outside the bubble, the ones VCs ignore because they lack the "sexy" appeal of (fundamentally) being tech unicorns. These are the firms that can make shit, but need capital allocators who understand. These investors believe in the long term mission, they view their opportunity as investors as a patriotic duty to invest in businesses that are deeply engrained in their communities, and these investors believe Americas best days area ahead if we build the future we want. That’s why they invest where VC’s won’t look or invest. VC’s calling for "urgent capital" miss what reindustrialization is about. Urgency sound nice, but urgency is a sprint. Reindustrialization is a marathon. Reindustrialization requires patient, sustained investment in these foundational industries, not dopamine hits. These boring companies need capital committed for decades, not quarters. They need Patient Capital. “Urgent capital” chases trends. These voices will be gone from reindustrialization efforts as fast as they leeched on, once they find their next “next big thing” Reindustrialization isn’t about a trend, it’s a mandate for America to succeed for the next 250 years