Summary Palantir did a direct listing, no road show, no cap raise. The company is focused on growing its business, not gaming the market. The numbers of Palantir’s business are very positive, it makes US$5 million average per client, and there are many more clients to be had. We believe that Palantir (NYSE:PLTR) is a buy and[…]
From CNBC: At a time when some tech companies are bowing to employee pressure to pull back from work with the government, Palantir CEO Alex Karp is loudly defending his posture. Palantir, a Silicon Valley software and servicies company founded in 2003 with the explicit purpose of helping the intelligence community with counterterrorism investigations, filed its paperwork to[…]
From Bloomberg: Palantir Technologies Inc., the secretive big-data firm, plans to file to go public in the coming weeks and could start trading as early as the fall, according to people familiar with the matter. The Palo Alto, California-based company is preparing to register an S-1 filing confidentially with the U.S. Securities and Exchange Commission,[…]
From Palantir @ Medium: The global disruption caused by COVID-19 has revealed fundamental weaknesses in how our institutions operate, even beyond public health. Sudden changes in the social and economic landscapes have created operational stressors and blockages that many organizations are not equipped to handle — demand fluctuates drastically just as supply chains unravel. Circumstances[…]
From CNBC: Palantir Technologies is targeting a valuation of at least $26 billion in a private fundraising round, the first for the Peter Thiel-backed data analytics startup in four years, according to sources. Palantir was valued at roughly $20 billion in its last private fundraising round in 2015. Palantir, whose customers range from global banks[…]
From Zero Hedge August 2019: Palantir’s technology was developed in warzones like Fallujah, where it was used to anticipate roadside bombs and attacks by insurgents. Now, it’s being used on the streets of Los Angeles to root out criminals like something straight out of the movie “Minority Report.” Unsurprisingly, the privately-held tech firm is backed by[…]
From Zacks June 2019 Palantir Technologies is a privately-held software and services company that has taken Silicon Valley by storm since its launch back in 2004. It was founded by Peter Thiel, Nathan Gettings, Joe Lonsdale, Stephen Cohen, and Alex Karp (now CEO) with the idea of “creating the world’s best user experience for working with data, one[…]
From CNBC May 2019: Palantir — the Silicon Valley data analytics company co-founded by PayPal founder and Trump advisor Peter Thiel — has made the CNBC Disruptor 50 list for six years running. But this year was perhaps the most disruptive of all for the company, which has attracted $2.8 billion in funding, raising its valuation to $20.5 billion,[…]
From Washington Post March 26, 2019: The Army has chosen Palantir Technologies to deploy a complex battlefield intelligence system for soldiers, according to Army documents, a significant boost for a company that has attracted a devoted following in national security circles but had struggled to win a major defense contract. Industry experts said it marked[…]
From the Washingtonian, January 2012 On the afternoon of February 15, 2011, Jaime Zapata, a 32-year-old special agent with US Immigration and Customs Enforcement, was shot to death by members of a drug cartel as he drove along a four-lane highway in Mexico. Zapata’s partner, 38-year-old Victor Avila, who survived the attack, later said that as[…]