3 ms·
Palantir is unprofitable?
by privatdozent 5y ago
Palantir is unprofitable?
- missedthecue 5y agoGeneral rule of thumb is that if it's a Californian tech company that isn't FANG, it's unprofitable.
- etc-hosts 5y agoI think they moved to Denver Colorado
- brundolf 5y agoI hope so. It's a surveillance company with a neo-nationalistic streak and zero shame about how it makes its money.
- fkjhdjbd 5y ago> Its engineers were accustomed to spending profligately—the company sponsored 13-course tasting-menu lunches with lobster tail and sashimi at headquarters—calling such extravagance “Palantir Entitlement Syndrome.” https://www.wsj.com/articles/palantir-has-a-20-billion-valuation-and-a-pretty-big-problem-it-keeps-losing-money-1542042135 https://www.wsj.com/articles/palantir-has-a-20-billion-valua...
- dkdk8283 5y agoHaving worked in Mountain View in late 2000s I can say extravagant meals were extremely common. I went on corporate excursions to exotic destinations regularly with insane expense limits on top of bar or dinner events. Many of us have had a wild ride in tech, I think those days will take another 30 years or more to come back if ever.