Re:Palantir bought $50M in gold bars in August as cash pile ...
by hermannj314 on Tuesday August 17, 2021 @04:09PM
(#28214276)
Most SV companies are trading at at double digit price to sales ratios.
Palantir is at almost 30x.
You'd think the best thing for SV to do with cash is pass keep passing it around in same circle of companies or create new companies. If every dollar spent is creating $30 of valuation, you don't stop spending under your umbrella of corporations.
You'd think the best thing for SV to do with cash is pass keep passing it around in same circle of companies or create new companies. If every dollar spent is creating $30 of valuation, you don't stop spending under your umbrella of corporations.
The music isn't showing any signs of stopping.