3 ms·

"Solid companies" ... Palanir stock is down ~60% for the year. lolz

• jmoak3 4y ago
  In his defense, the last time I checked 50% of their revenue is from the US government which probably isn't going anywhere any time soon. Compare that to something like Apple which depends on selling buttloads of complicated devices that are made in China by easily affordable labor, which get shipped by ginormous boats burning cheap fuel, across a entire ocean without anyone getting in the way, all to a customer base that needs plenty of disposable income. Also, that device is only so complicated because they use cheap debt to invest into developing it further. I'm not saying that all of those things are minutes from 100% imploding all at once, but there's surely more failure points there than "we put stuff in a db for the gov and they give us money" hahaha EDIT: That said Palantir still isn't profitable