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Trae Stephens
@traestephens
Partner, Founders Fund; Co-Founder, Anduril; Co-Founder, Sol
Joined April 2010
1.3K Following    110.5K Followers
Reuters ran one sentence of the statement we provided them. Here it is in full: 'The reporting runs well ahead of the facts. Any details about terms, structure, pricing, or timing of a future financing round are purely speculative. As a private company, we regularly evaluate opportunities to fund the growth of the business. Beyond that, we don't comment on rumors.' Our IR team talks to investors every day. Routine dialogue is not a fundraising process.
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EXCLUSIVE: Defense tech company Anduril in talks to raise funding at about $100 billion valuation