Summary: Raj Shah, Managing Partner at Shield Capital, joins Lucas Bagno and Ian Cinnamon on this episode. Takeaways:<br><br>- Raj and Shield don’t care whether a founding team has experience selling to government, because the firm can help with that. They evaluate the team, the market and the tech when they’re looking at an investment.<br><br>- Ash Carter was the first sitting Secretary of Defense to come to Silicon Valley in decades when he visited to jumpstart new initiatives to encourage startups working with government.<br><br>- Raj recommends that startups work with organizations within the government that have a mandate to move quickly. <br><br>- If a company decides to work with consultants, ensure that incentives are aligned such that the consultant benefits when the company benefits, rather than the consultant receiving a large payment regardless of the outcome.<br><br>- Many more generalist investors have been investing in defense, but it’s a very difficult space to invest in. It takes time for investors to learn the jargon and the players.<br><br>- When a company is evaluating and investor, it should ask two primary questions: 1) Does this investor truly understand the customer set? 2) Can this investor be helpful in company building in the boardroom?<br><br>Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.<br><br>Check us out on the web at <a href="http://www.villageglobal" rel="noopener">www.villageglobal</a>.vc or get in touch with us on Twitter @villageglobal.<br><br>Want to get updates from us? Subscribe to get a peek inside the Village. We’ll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. <a href="http://www.villageglobal.vc/signup" rel="noopener">www.villageglobal.vc/signup</a>
