3 ms·

Palantir discloses $20mm in new funding from a single unidentified backer

• danpalmer 10y ago
  Why would a company the size of Palantir take investment of such a relatively small amount at this point in its lifetime? - Seems like it's too make the difference between life and death for the company. - Too much to be a personal investment, and I can't imagine the company generally wanting to do that? - I doubt the company needs angel investors with specific skills to help grow/develop the company in some way, and could just hire for those skills if needed. I'm sure there are good possible reasons, and it could be more random, but I'd be interested to know what motivations a company like Palantir could have in taking this investment?
  • kafkaesq 10y ago
    Perhaps someone feels especially buzzed about their growth prospects in the coming administration? And Palantir said, "We weren't planning on taking any new suitors, at this stage. But for you, we'll make an exception."
  • micaksica 10y ago
    This is likely a strategic investment by a major user of Palantir, and neither party really want to make a big PR deal out of it.
• 1964_ 10y ago
  Most likely explanation : one of Palantir's existing investors wanted to increase stake by $20M.