Re:Palantir bought $50M in gold bars in August as cash pile ...
by privatdozent on Tuesday August 17, 2021 @03:52PM
(#28214072)
Palantir is unprofitable?
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Re:Palantir bought $50M in gold bars in August as cash pile ...
by brundolf on Tuesday August 17, 2021 @04:06PM
(#28214242)
I hope so. It's a surveillance company with a neo-nationalistic streak and zero shame about how it makes its money.
Re:Palantir bought $50M in gold bars in August as cash pile ...
by fkjhdjbd on Tuesday August 17, 2021 @04:11PM
(#28214303)
> Its engineers were accustomed to spending profligately—the company sponsored 13-course tasting-menu lunches with lobster tail and sashimi at headquarters—calling such extravagance “Palantir Entitlement Syndrome.”
https://www.wsj.com/articles/palantir-has-a-20-billion-valua...
Re:Palantir bought $50M in gold bars in August as cash pile ...
by dkdk8283 on Wednesday August 18, 2021 @01:23AM
(#28218001)
Having worked in Mountain View in late 2000s I can say extravagant meals were extremely common. I went on corporate excursions to exotic destinations regularly with insane expense limits on top of bar or dinner events.
Many of us have had a wild ride in tech, I think those days will take another 30 years or more to come back if ever.
Re:Palantir bought $50M in gold bars in August as cash pile ...
by missedthecue on Tuesday August 17, 2021 @04:00PM
(#28214176)
General rule of thumb is that if it's a Californian tech company that isn't FANG, it's unprofitable.