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Palantir Has Raised $880M at a $20B Valuation

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Re: Palantir Has Raised $880M at a $20B Valuation

#11

Post by capkutay »

eachro wrote: post #5

After all these years, I'm still not really sure what Palantir does exactly.

They're basically a consulting company with in-house platforms for data management. You pay $100k+ per core pricing for their analytics platform, then you pay thousands more for implementation 'ninjas', consultants, training etc. It's a mix between a services and a technology company targeted at government accounts.

Re: Palantir Has Raised $880M at a $20B Valuation

#14

Post by throwaway122315 »

eachro wrote: post #5

After all these years, I'm still not really sure what Palantir does exactly.

It's funny, because every time someone posts a news article about Palantir, this is the top comment. And every time, the replies to that comment do a pretty good job describing what it is they do:

* https://news.ycombinator.com/item?id=10715856

* https://news.ycombinator.com/item?id=9942606

Re: Palantir Has Raised $880M at a $20B Valuation

#16

Post by flog »

notacoward wrote: post #3

If it's unlikely that they'll go public, how do the investors hope to get their money (and more) back? I know there are other ways, but I don't have a feel for which kinds of arrangements would really be likely.

Well isn't the game now that their preferences mean they get their guaranteed returns even if an IPO bombs well below the private valuation?

Re: Palantir Has Raised $880M at a $20B Valuation

#17

Post by Apocryphon »

colordrops wrote: post #12
eachro wrote: post #5

After all these years, I'm still not really sure what Palantir does exactly.

CIA contractor. On a side note, they were involved with HB Gary in an attempt to infiltrate and destroy Wikileaks.

One wonders if they've got any NSA connections.

Re: Palantir Has Raised $880M at a $20B Valuation

#18

Post by cinquemb »

Apocryphon wrote: post #17
colordrops wrote: post #12

Earlier quoted context omitted.

CIA contractor. On a side note, they were involved with HB Gary in an attempt to infiltrate and destroy Wikileaks.

One wonders if they've got any NSA connections.

Only if we got a chance to look at their emails à la Hacking team style… Maybe they'll be the first to join the 1TB+ data dump club to go along with all their rounds of funding ;)

Re: Palantir Has Raised $880M at a $20B Valuation

#19

Post by FreakLegion »

colordrops wrote: post #12
eachro wrote: post #5

After all these years, I'm still not really sure what Palantir does exactly.

CIA contractor. On a side note, they were involved with HB Gary in an attempt to infiltrate and destroy Wikileaks.

See https://news.ycombinator.com/item?id=7294743 and Thomas' reply. That's the extent to which Palantir was "involved" with HBGary Federal. (And while it should go without saying, I'll say it anyway: There was no attempt to infiltrate and destroy Wikileaks. Just a lot of hairbrained talk.)

Re: Palantir Has Raised $880M at a $20B Valuation

#20

Post by ryanSrich »

archmikhail wrote: post #7
eachro wrote: post #5

After all these years, I'm still not really sure what Palantir does exactly.

My roommate interned there, and still had little idea what they do.

Same. I had a buddy that worked there a little while. Crazy good pay, but no transparency, tons of clearance required, etc. etc.
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