Keep pulling the thread on Eric Crispin.
The conflicts in Ukraine and Israel have highlighted a lack of supply of solid rocket motors and have drained existing munitions stockpiles.
Anduril is Altimeter's largest investment by position size.
The founders of K2 Space believe that SpaceX will dominate the satellite launch market and the proliferated Low Earth Orbit (LEO) constellation market.
Altimeter's investment in Smuha was informed by its long-standing relationship with Snowflake, and Smuha was later acquired by Snowflake.
Tabular, a company Altimeter invested in, has been acquired by Databricks.
Altimeter has made fewer than 70 total private investments across its seven venture funds.
Altimeter's investment pace is approximately one to two new investments per partner per year.
Altimeter's typical check size for a Series A investment is between $15 million and $25 million.
Altimeter's typical check size for growth stage investments ranges from $50 million to $250 million or more.
SpaceX provides liquidity to early investors and employees through annual tender offers.
Eric Crispin believes there is a large market opportunity for venture-backed startups in the missiles and munitions sector.
Eric Crispin predicts that the drone market will consolidate around a couple of massive companies rather than supporting hundreds of them.