It is a bit ironic that Peter Thiel is backing Palantir, and is the biggest investor in the marijuana trade. They seem like opposite ends of the spectrum.
Investment knows no spectrum
Leaked Palantir Doc Reveals Uses, Specific Functions and Key Clients
21–30 of 122 posts
Re: Leaked Palantir Doc Reveals Uses, Specific Functions and Key Clients
#22TechCrunch needs better editors.
Re: Leaked Palantir Doc Reveals Uses, Specific Functions and Key Clients
#23It is a bit ironic that Peter Thiel is backing Palantir, and is the biggest investor in the marijuana trade. They seem like opposite ends of the spectrum.
Sounds like the same end of the spectrum to me. That being the businesses that make lots of money end.
Re: Leaked Palantir Doc Reveals Uses, Specific Functions and Key Clients
#24TechCrunch: "Look, guys, we just totally randomly found this document that says how awesome Palantir is. The document about the negatives was lost due to water damage".
Re: Leaked Palantir Doc Reveals Uses, Specific Functions and Key Clients
#25Nothing too interesting revealed in the document. Here is a video of the LAPD talking about more specific uses of Palantir, https://www.youtube.com/watch?v=aJ-u7yDwC6g Here is an interesting video from them talking about data analysis of Iranian arms deals used to show off some of their tools used by the intelligence community https://www.youtube.com/watch?v=FX0gwNU3WBI
It may be intrusive and it may end up being used for the wrong reasons, but as a technology community we've got to give it to them. It's very impresive.
Re: Leaked Palantir Doc Reveals Uses, Specific Functions and Key Clients
#26This sounds more like a leaked Palantir press release; but then again, that's pretty much what a prospectus is. > "It’s the combination of every analytical tool you could ever dream of." > The Pentagon used the software to track patterns in roadside bomb deployment and was able to conclude that garage-door openers were being used as remote detonators. > With Palantir, the Marines are now able to upload DNA samples fr…
Definitely.. this software just allows agencies to share information with each other and search each others databases.
Useful, but nothing nefarious in itself
Re: Leaked Palantir Doc Reveals Uses, Specific Functions and Key Clients
#27Copy paste of Joe_Doe's comment. Which seems dead but sais "[noobtor]" instead of [dead]. Never seen that before?! However should he have registered via tor to leak a bit of insider info I don't want to let this die because of tor flagging.
----------
Palantir is trying to raise another ~400mm to finance their operations. And I honestly think this just another PR stunt to attract investors. The 'secretive' attitude is just a game of deception. They are deceiving investors into believing that the company has a real product. However if you talk to any FDE or Embedded Analyst, you'll immediately realize that this is a consulting company. Which should be valued at far lower multiple than a real product company.
Every new contract requires dozen extra people...That's why they are on a hire spree right now, (because of a large 'consulting' contract with a an oil company, that should stay unamed). However, with oil trading at 50s, they are scared and they trying to get some cash to cushion a possible contract cancellation.
To be continued...
Re: Leaked Palantir Doc Reveals Uses, Specific Functions and Key Clients
#28It is a bit ironic that Peter Thiel is backing Palantir, and is the biggest investor in the marijuana trade. They seem like opposite ends of the spectrum.
When things seem contradictory, it usually means you're missing something.
Re: Leaked Palantir Doc Reveals Uses, Specific Functions and Key Clients
#29Check out their SEC filings:
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CI...
Insiders are selling shares to private wealth management firms / asset management firms. It's amazing how much hype can do in the private finance world when you have the perception of momentum and herd mentality. Look at Clinkle raising $30mm ... this is the same thing happening at a bigger scale. Look at Groupon... same thing.
Here's one to S F Sentry Securities, Inc. http://www.sec.gov/Archives/edgar/data/1321655/0001321655140...
Morgan Stanley took over $25mm in fees to arrange these sales... the reason for that is because they know that there is no way Palantir is going to have an IPO in the near future -- or else they would be salivating to do this kind of transaction for free to gain favor with management.
The fundamental problem with Palantir is that they are a government contractor masquerading as a product company. $200mm in government contracts comes with enough overhead that there is not a ton of margin. You can see tons of defense contractors in the midwest doing hundreds of millions in revenue.
Take a look at their revenue numbers for federal government (which is likely a major portion of their ~$420mm in revenue): http://goo.gl/v7JzT5 http://goo.gl/AzZeuR
Re: Leaked Palantir Doc Reveals Uses, Specific Functions and Key Clients
#30The article reads to me as very credulous; I can't imagine a piece like this running in TechCrunch in the good ol' days with Arrington at the helm.