I’m a fan of the company and if money wasn’t a consideration I wouldn’t hesitate to join. But, Im trying to figure out how much upside there is if I were to join today. I’m speculating that revenue is around $350-400m and the valuation is $9B. I’m concerned that as a primarily hardware business, the multiplier for revenue may be a bit high. Traditional defense companies trade at only 2x revenue, while palantir is probably the next closest comparable public company trading at 25x but it’s also a software business rather than hardware. I get that traditional defense has a lot of bloat and inefficiency that anduril doesn’t, but is it enough to justify anduril seemingly being valued with a SaaS multiplier when it’s a hardware company? How much upside is there to join today?
Anduril is going to become one of the most important companies to the US very quickly. I would jump in with no hesitation at 9 billion valuation.
What makes you believe that?
Wars?
If you’re here for the long term there’s certainly upside. This is a company that could be worth 50billion in 5 years imo
What is that based off of? The entire us military drone market is predicted to be $28b by 2032.
Amazon what is that based on?
Anduril keeps me up at night. Also they are software first company (see: Lattice / JADC2 / mission autonomy). You can’t have autonomous hardware without software
The thing is the reverse is true and you can’t have those things without the hardware. Everything has a software component now but what reduces margins is the hardware part
I think you need to do more homework, bud. You’re thinking too logical with a commercial business model mindset. This is the DoD monopsony where nothing makes sense and rational economic actors don’t exist.
Can I join anduril and should I?
Anduril is gonna rip, the public sector is juicy and stable and Aduril has no serious competitors atm. Lockheed and others are dinosaurs.
Nah we gonna bring them down LOL would be funny though if we did win against them in some competition and get some bragging rights
ng your job listings all ask for GIT and CAN COMMUNICATION WITH TEAM
Anduril is not a hardware company
This.
If you are a tech bro who can quickly become friends with your LT - it could be totally worth it. If not, it doesn’t matter how well they do because you likely won’t ever see the stock anyway.
Why not?
Because they will steal your work, claim it’s theirs, block you from the ability to present your own stuff, and then get rid of you before you vest. People assume the company is cutting the people who don’t work - but if you look under the hood…that’s not what’s happening.
What are the benefits like?
Is your company planning to go till series Z funding