3 ms·
> And, for that matter, a market cap of $50b is 'less than outstanding'? Less than outstanding outcomes Market cap is their outcome, not their clients' outcom
by gipp 5y ago
> And, for that matter, a market cap of $50b is 'less than outstanding'?
Less than outstanding outcomes
Market cap is their outcome, not their clients' outcomes. The two are decidedly different things, especially in our weird distorted market.
- gwern 5y agoBurke specifies "valuations" as well as outcomes, so the observation stands. (Not that Palantir is any kind of monopoly... If you will recall, the usual criticism is that it's just a consulting shop with zero moat or monopoly.)