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And it took Amazon nearly a decade to get back to their internet bubble highs. PL got SPACed onto the stock market during the SPAC bubble. That being said, whi
by fnands 3y ago
And it took Amazon nearly a decade to get back to their internet bubble highs. PL got SPACed onto the stock market during the SPAC bubble.
That being said, while I do believe that Planet has one of the best business models in the industry, I do sometimes worry that they are a bit early, and their customers aren't ready for them yet.
As someone who has to work with their data (among others), Planet has some of the best APIs in the industry (it's a low bar though).
- marcopicentini 3y agoWhy do you think they haven’t rebounded during the last bull market (see Nvidia, MSFT, etc..)
- fnands 3y agoNot really seen as an AI play. The bull market has been mostly driven by FAANG + Nvidia. I'm mostly just playing devils advocate here, and the point I'm trying to make is share price alone isn't everything. Planet is growing its revenue YoY, and they might even be profitable soon (lol). Also, my original point was that the company I work for buys a lot of data from Planet, which is something that's just increasing as we grow.
- marcopicentini 3y agoCould you explain the use cases for you company? How do you use their data?