Anduril to open software-based manufacturing hub to scale production

You flip a house, but instead of turning it around in a few months, you want to make it the most expensive house in your town.

You convince investors to front the money. You progress well and quickly. You could flip it now for 10% return. Not a massive return, but it’s quick. Investors are also concerned that if they don’t give you the money now, you’ll just walk away and they’ll loose their entire investment. They give you more money.

This process repeats several times. Until you’ve 10x the value of the house. The shit hole you bought for $100k can now sell for a cool $1M.

Massive returns, right! Well, not exactly. Turns out you spent $900k in the process. Your investors still want their 10% return. Instead of a $10k profit, they’ll looking at a $90k profit. Bigger pie for them, but that doesn’t leave much for you.