The Defense Innovation Unit takes on a really tough problem

The Defense Innovation Unit takes on a really tough problem

Interview transcript: Terry Gerton: So, Jamie, let’s start with you. DIU has been described as the venture capital arm of the Pentagon. And I know — I worked in the PPBE process for many, many years — I know VC is not a function that system was built to support. So tell us a little bit about how DIU manages its budget process to maintain the flexibility and speed you need to make your investments. Jaime Fitzgibbon: I will say it was easier when…