Discussion

• @mattprescott Dr Matt Prescott on x

  PALANTIR: the company has arranged a structure to ensure its founders retain power. They've a special class of shares, called Class F, that will have a variable number of votes to ensure the founders control 49.999999 percent of the company's voting power https://www.nytimes.com/…

• @jkachmar @jkachmar on x

  Holy shit these are like WeWork-level bad financials. $742 million I'm revenue and managing to _lose_ $580 million on top of that! Not only is Peter Thiel a worthless scumbag, but every single one of his ideas is garbage too! 🎉 https://techcrunch.com/...

• @conmijente Mijente on x

  Its gov. work grew 76% last year vs. 27% in its work for private firms. It's doubling down on ICE & the Dept. of Defense. There's no sign this will change. If you're investing in Palantir, you're investing in this immoral work. You're investing in ICE. https://techcrunch.com/...

• @lucasmtny Lucas Matney on x

  This is like finding out the Bond villain had to remortgage their lair. Shouldn't constant bad PR and moral ambiguity pay better? https://twitter.com/...

• @sbmeunier Sebastien Meunier on x

  Palantir is losing $580M a year but it's less than Uber losses so I guess ok (?) https://twitter.com/...

• @moonalice Roger McNamee on x

  Palantir exists to help law enforcement agencies get data without warrants and to implement mass surveillance without a big outlay. https://twitter.com/...

• @kateconger Kate Conger on x

  The details on Palantir's financials, drawn from 100s of pages of documents w/@eringriffith https://www.nytimes.com/...

• @conmijente Mijente on x

  🚨 Palantir's financials have been leaked 🚨 They're *still* losing massive amounts of money—$580 million in 2019—but what's key is that their gov. work is growing. ICE, the military, the police—that's where they're expecting to turn a profit. https://www.nytimes.com/...

• @tayhatmaker Taylor Hatmaker on x

  Palantir lists a net loss of roughly $580 million for 2019 — almost identical to its loss in 2018. In 2019, Palantir spent 61% of its revenue ($450M) on sales and marketing https://techcrunch.com/...

• @ericnewcomer Eric Newcomer on x

  Palantir loses $579 million on $742 million in revenue in the year leading up to its public offering https://techcrunch.com/... @DannyCrichton

• @suldrew @suldrew on x

  Makes sense to save $ on real estate, and also do a layoff-in-disguise via a move out of California https://twitter.com/...

• @nick_canz Nick Canzoneri on x

  Not even a competent evil corporation? How do you lose money doing govt consulting? https://techcrunch.com/...

• @rezendi Jon Evans on x

  As I've long suspected, Palantir - founded 2003! - is a (relatively) slow-growth, low-revenue, massively loss-making enterprise propped up by a huge sales apparatus. Image: fearsome spook tech. Reality: like Oracle, but hemorrhaging $$. https://techcrunch.com/... by @DannyCrichto…

• @darian314 Darian Shirazi on x

  Not sure why people are saying these numbers are a “warning”, the financial profile of Palantir looks very similar to DocuSign which trades at $38B right now, 2x Palantir's last preferred price and P has more growth/fewer competitors... https://techcrunch.com/...

• @quinnypig HydroxyCoreyQuinn on x

  “Look, we know Palantir is problematic and profoundly disturbing. But hear us out—we also lose money hand over fist while performing our dark work!” https://twitter.com/...

• @dannycrichton Danny Crichton on x

  A smaller scooplet, but this is novel - the flexibility of a DL with the constraints on employees of a traditional IPO. I guess we will know the final details in the SEC filing https://twitter.com/...

• @alex @alex on x

  raise more private funds, direct list, lock up shares https://techcrunch.com/... why tho

• @jason @jason on x

  The professionals don't call this a “loss” —we call it an INVESTMENT! And the way you win big is to invest big! https://twitter.com/...

• @jshieber Jon Shieber on x

  Palantir's numbers are... not great? I would think that in this timeline, with this president, the company would actually be doing much better? Also... amazeballs scoop from @dannycrichton https://techcrunch.com/...

• @asemota Osaretin Victor Asemota on x

  Chale!!! So, this is a pump and dump? https://twitter.com/...

• @katie_roof @katie_roof on x

  Scoop w/ @lizette_chapman : Palantir's direct listing has a big catch. Investors are still subject to a lock-up period, making it more like an IPO. https://www.bloomberg.com/...

• @cdubhland @cdubhland on x

  Private companies: Equity is a big way we show appreciation for your work and give you the best upside... Also private companies: https://twitter.com/...

• @jaycuthrell Jay Cuthrell on x

  Question: Which of these is the real Palantir? A) An unproven product portfolio for insights (or dystopia) B) An applied data science consulting organization C) An enigmatically hybridized lobbyist sales team D) All of the above depending on your biases https://twitter.com/...

• @eringriffith Erin Griffith on x

  Palantir sent out over 200 pages of financial info to their investors last night. Here's our first pass at what is in them - will update with more shortly: https://www.nytimes.com/...

• @adamnash Adam Nash on x

  Interesting. @PalantirTech will be doing a Direct Listing, but still enforcing a lockup. 🤔 https://www.bloomberg.com/...

• @ericnewcomer Eric Newcomer on x

  feel bad for Palantir shareholders who have had to watch company tease going public for years and now plans to lock up their shares even longer https://twitter.com/...