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I'm relatively certain that despite not seeking an IPO, Palantir is not a nonprofit organization (a key part of the proposal in this article). Maybe I missed th
by tolmasky 12y ago
I'm relatively certain that despite not seeking an IPO, Palantir is not a nonprofit organization (a key part of the proposal in this article). Maybe I missed that memo though, can you point to their page so I can make a tax-deductible donation?
- ethanbond 12y agoMaybe I missed that being nonprofit was a criterion here? But it that's the case, sure you're correct.
- tolmasky 12y agoIt was certainly 1) mentioned in the article and 2) a part of my critique (that I specifically quoted). And since Palantir is a "point-by-point" counterargument of my critique, I suppose it should at least be somewhat important. Palantir is a for profit company that works on both commercial and government projects, and is valued at $9 billion. If you believe that that is in the spirit of what this article is proposing, then sure, I suppose this is the perfect counterargument. I think its pretty clear that Palantir is a very different company with very different goals than what is being proposed here. The point of this article is creating a "for the common good" contractor with the aim of lowering bidding prices, and increasing software quality across the board, funded perhaps by donations, and certainly not having profitability as its primary driving force. Palantir is just another company, a very successful one mind you, that yes happens to make good government software.
- ethanbond 12y agoAh, I read the "start it as an... intentionally unprofitable company" as one that starts in the red but doesn't necessarily have to remain unprofitable forever.