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Amazon lost money every quarter as well for years. There is a huge market in government and defense IT globally that Palantir could potentially tap into. Hist
by jhou2 6y ago
Amazon lost money every quarter as well for years. There is a huge market in government and defense IT globally that Palantir could potentially tap into. Historically, it's been IBM's gig, but that could change very quickly.
- deleted 6y ago[deleted]
- arethuza 6y agoAmazon chose to invest money in growing its business - presumably with a lot of new products and infrastructure to support them. Government and defence IT is a service business - where do you invest the money? Note: I'm not saying they don't invest the money, just curious where it goes.
- pixl97 6y agoFeatures, requirements, scope, datasets. It's not like services are cheap and easy to make. The other part of .Gov contracting is integrating so tightly that you become a defacto standard that is not easily replaced. Then lobbying to ensure you keep that position.
- foobiekr 6y agoYou really need to look at this in cashflow terms, not paper losses. Amazon and Palantir are not equivalent at all.