Leonid Capital Partners Co-Founder James Parker was featured on War on the Rocks in the first episode of a special series on the defense industrial base and capital. Hosted by Ryan Evans, the conversation brings together James and Dan Gwak of Point72 Private Investments to explore how venture and credit are shaping the next generation of national security companies.
The episode dives into the structural funding challenges facing defense startups, the rise of dual-use innovation, and how mission-aligned private capital—like Leonid’s non-dilutive credit model—is helping bridge the gap between government demand and commercial scale. Whether you’re a policymaker, founder, technologist, investor, or defense acquisitions professional, this conversation offers essential insight into what’s working—and what still needs to change.
Listen to the full episode here.
