BREAKING: Nominal Hits $1B Valuation — Founders Fund Preempts $80M B-2 Acceleration Round Just 10 months after @Nominal_io's $75M Series B led by Sequoia's Alfred Lin CEO Cameron McCord & Trae Stephens (Founders Fund + Anduril) join Sourcery to discuss: - $155M raised in 10 months, nearly $200M total funding - Early validation at Anduril - 4 of the 5 largest defense primes are now customers - Reducing major hardware test campaigns by 50–60% (which can cost ~$3M per day) - Strategy: platform expansion, potential M&A, and aggressive hiring - Anduril LORE All systems Nominal. @CameronLMcCord @traestephens @Alfred_Lin 𝐓𝐈𝐌𝐄𝐒𝐓𝐀𝐌𝐏𝐒 (00:00) Trae Stephens & Cameron McCord (01:11) Nominal raises $80M from Founders Fund (03:32) Why Founders Fund made the investment (05:22) Palantir, FF, Anduril: Trae is a "Slashie" (07:14) Nominal: the GitHub for hardware testing (12:33) Why Sequoia believed Nominal’s TAM was much bigger (15:36) Inside Nominal’s growing defense customer base (17:32) Why government hardware testing still relies on Excel and MATLAB (22:22) Cutting hardware testing time by up to 60% (26:55) How AI changes hardware development (37:22) Why the government is backing new defense tech companies (33:35) Nominal's sales strategy (45:44) Competing with legacy software giants (46:24) Recruiting top engineers (50:56) Early Anduril LORE: Stories from the desert