2 ms·
By what measure? Google has a market cap that's 10x Palantir, and the gap in revenue/profit is even more massive. They aren't in the same league at all.
by zeroCalories 2y ago
By what measure? Google has a market cap that's 10x Palantir, and the gap in revenue/profit is even more massive. They aren't in the same league at all.
- uejfiweun 2y agoThe measure is stock returns in the last 5 years. The whole point of public companies is to generate wealth for shareholders and Google just simply isn't really delivering on the same level as Palantir. In fact, when you look at the last decade of Google saying they're an "AI first" company and literally inventing transformers, and look at what their stock price has done and how they've performed in relation to other major companies involved in this current AI spring, there is simply no way not to be disappointed.
- zeroCalories 2y agoPlenty of companies produce good returns, but that doesn't make them any kind of leader. FAANG still controls the market, pays the highest salaries, and produces the most research. Other rising stars like OpenAI and ByteDance are not uniquely evil either. Not saying FAANG won't fade away like IBM or Oracle, but I don't think it would be due to their unwillingness to be like Palantir.