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After all these years, I'm still not really sure what Palantir does exactly.
It could be stuff like combining criminal records, speed cameras, CCTV records, etc into a single profile of a person. (as just an example)
Very powerful when set up correctly.
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
https://www.palantir.com/2007/12/what-do-we-do/
But, for me, it was even more helpful to look at their patents:
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.
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.
After all these years, I'm still not really sure what Palantir does exactly.
[1] http://www.washingtonpost.com/wp-dyn/content/article/2008/09... [2] http://www.dtic.mil/dtic/tr/fulltext/u2/a514114.pdf [3] http://mcchrystalgroup.com/
Earlier quoted context omitted.
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
It was helpful to read their own description: https://www.palantir.com/2007/12/what-do-we-do/ But, for me, it was even more helpful to look at their patents: http://patents.justia.com/assignee/palantir-technologies
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.
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.
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.
Out of curiosity, why wouldn't they go public ? Major govt contractors are public, Boeing, Raytheon, Lockheed Martin, etc.
"Palantir’s next step isn’t likely to be filing for an IPO as founder Alex Karp hasn’t been keen on that idea in the past"
After $2.32B in funding it hardly seems likely that the plan is to go another round and then IPO. Why would Karp be any keener on it then than now? That leaves the possibility of no IPO at all . . . hence the question.
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.
Previous investors might be able to cash out in following rounds.