Julia Pepper

I write analytical essays at the intersection of AI, venture capital, and infrastructure—focused on the economics, second-order effects, and emerging playbooks shaping the next wave of technology companies. These posts are working memos, not pronouncements. I welcome critique, counterpoints, and better models. By Julia Pepper • April 17, 2025 Palantir's recent deepening of its partnership with NATO is more than a headline. It's a signal—one that reshapes how venture capital should approach defense technology. This is not just a case of a defense contractor expanding its client list. It's a foundational shift in how modern warfare will be designed, coordinated, and executed through software. For investors, this represents the emergence of a new category: doctrine-shaping software. NATO's decision to further embed Palantir into its operational architecture reflects a growing recognition that strategic advantage no longer comes solely from superior hardware. Instead, software that fuses i

I write analytical essays at the intersection of AI, venture capital, and infrastructure—focused on the economics, second-order effects, and emerging playbooks shaping the next wave of technology companies. These posts are working memos, not pronouncements. I welcome critique, counterpoints, and better models. By Julia Pepper • April 17, 2025 Palantir's recent deepening of its partnership with NATO is more than a headline. It's a signal—one that reshapes how venture capital should approach defense technology. This is not just a case of a defense contractor expanding its client list. It's a fou