Re:A prickly patriot: Palantir’s prospectus reveals losses, ...
by jhou2 on Friday August 28, 2020 @07:10AM
(#24303517)
Amazon lost money every quarter as well for years. There is a huge market in government and defense IT globally that Palantir could potentially tap into. Historically, it's been IBM's gig, but that could change very quickly.
Re:A prickly patriot: Palantir’s prospectus reveals losses, ...
by arethuza on Friday August 28, 2020 @07:43AM
(#24303724)
Amazon chose to invest money in growing its business - presumably with a lot of new products and infrastructure to support them.
Government and defence IT is a service business - where do you invest the money?
Note: I'm not saying they don't invest the money, just curious where it goes.
Re:A prickly patriot: Palantir’s prospectus reveals losses, ...
by pixl97 on Friday August 28, 2020 @08:56AM
(#24304281)
Features, requirements, scope, datasets. It's not like services are cheap and easy to make.
The other part of .Gov contracting is integrating so tightly that you become a defacto standard that is not easily replaced. Then lobbying to ensure you keep that position.
I'm looking forward to seeing who will buy this thing; risky is an understatement looking at the P&L graph in the article. Lucky this youthful startup has only been around for 17 years. Maybe once it can legally start drinking it will find its way.