It took Amazon 8 years to get to profitability, Netflix 6 and Google 5. Palantir looks like a bag of sh*t the founders are trying to unload. What am I missing here?
@Palantir turns profit this year with 1b revenue
Not missing anything. It's shit tier. They claim AI for everything but in reality the support model behind the products is huge, they need so many people to keep their product running. Plus a load of kool aid drinking people thinking that they're saving the world.
It was a cult and the people whom I’ve met who joined them back in late 2000s were a bunch of ego centric dipshits.
Maybe they take work that Booz Allen won’t touch
If some company wants to keep what they do Totally secret despite incurring deep losses, I'm sorry the stock gets DDD rating.
The day of reckoning will come for these bubbly tech companies soon!
I can understand as you guys are on visa.
If you watch their investor day video they mention this USC 2377 court ruling that basically opened the door for higher revenue for them
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Not missing anything. A lot of shit getting unloaded before this bubble bursts.