Palantir Funding: Exuberance with Alpha Brain
September 28, 2013
I read “Palantir Just Raised a Massive $196M, Filing Shows.” The factoid I noted was:
The rumored value of Palantir is at over $8 billion, and its chief executive, Alex Karp, told Forbes that it’s likely to close $1 billion in contracts next year.
What I found interesting is that none of the write ups I scanned mentioned “Berto Jongman: U.S. command in Afghanistan gives Army 60 days to fix or replace intel network [meanwhile, Palantir spends millions buying legislative intervention].” Perhaps, this report about issues with Palantir is off base. My hunch is that getting more information is going to be difficult.
My conclusion:
Investors may need Joe Rogan supplements to assist them in the Olympic revenue races ahead. Only the heat winners get to compete for after-tax profits.
Stephen E Arnold, September 28, 2013
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