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Reflections on Palantir

(nabeelqu.substack.com)
479 points freditup | 1 comments | | HN request time: 0.22s | source
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newprint ◴[] No.41855137[source]
Can someone explain to me what is the Palantir's business model ? I haven't heard any large, meaningful project they been involved in, but I keep hearing the company name & how hot they are and their stocks are going to blow-up any day (some of my friends kept their stocks for the last 4-5 years with very little gain compared to other software companies). I know of the smaller software companies that are less than 100 people and have a very meaningful impact in DoD & Gov space.
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stephencoyner ◴[] No.41862236[source]
They have a few brand new products that are quite compelling.

Warp Speed: Aims to integrate ERP, MES, PLM, and factory floor systems into a single AI-driven platform. As opposed to legacy ERP systems, it focuses on production optimization rather than just financial tracking. Warp Speed has the potential to relegate legacy systems to backend data storage, shifting the entire intelligence layer (and value) to Palantir's system. Warp Speed targets both innovative new manufacturers (they note Tesla and Space X alums starting new companies) and traditional large-scale operations.

Mission Manager: enables other defense contractors to build on Palantir's platform and benefit from their security infrastructure and position of trust within government. You can think of it as an AWS for defense companies; plug and play with the foundations handled for you. While the product just launched in Q4 2023, they just received a new $33 million CDAO Open DAGIR contract. While this is possibly just an advanced POC, it represents significant potential for future growth and wider adoption in the defense sector. Now is the perfect time. From 2021 to 2023, VC firms invested nearly $100 billion in defense tech startup companies, a 40% increase from the previous seven years combined. Time is the most important thing for these startups and Mission Manager shows the potential to save lots of it.

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NicoJuicy ◴[] No.41862522[source]
> Now is the perfect time

The perfect time is yesterday. All defense companies already went way up.

Palantir... Not so much

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1. stephencoyner ◴[] No.41862571[source]
The stock is up 152% YTD. I think they went up?