Ilya Fushman

The word procurement comes up quite a lot when you're somewhere like Hill and Valley Forum and there's a bit of an exasperation from industry about

how that works.

PowerPoint presentations is something that they stress over.

Is this administration better than prior administrations and this Pentagon better than prior iterations of it at dealing with more nimble, smaller technology companies?

You said the average age of a worker in that industry was 65.

Yeah.

Or something like that.

And not everyone works until the president's age.

It's a generational thing in the school.

Sorry, Carrie.

Also a British person working in America.

Rachel Hoff, Ronald Reagan Institute, it's great to have you on Bloomberg Tech.

Thank you very much.

Now, coming up, 54-year-old VC firm Kleiner Perkins makes its largest raise ever, $3.5 billion.

We'll discuss next with partner Ilya Pushkin.

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Well, we're really at the early innings of probably the biggest transformation in technology that any of us have witnessed.