[cgrusden]

First off, how is Palantir "cash rich"? A look at their financials they're losing money just like all the other shit startups on the NYSE.

[deviation]

Their filings state they grew from a 1.43B asset base in 2018 to a 1.59B asset base in 2019.

I guess it doesn't matter how much cash you're bleeding if the underlying product (the company) is increasing in value.

[drocer88]

https://finance.yahoo.com/quote/PLTR/balance-sheet?p=PLTR

Total liabilities increased too.

It's not clear if the incoming administration will give them the same federal contracts the current administration has.

[breck]

I don't know him and haven't heard much about him, but from the looks of it the CTO of the United States (yes, the CTO of the United States) is a shill for Palantir/Thiel (https://en.wikipedia.org/wiki/Michael_Kratsios).

As far as I can tell he is not GitHub nor HackerNews, nor does he know how to code, which I think would make someone quite unqualified for that position.

Again though, maybe he's a nice person. Just to me from the outside looks like a Palantir puppet.

[sfkdjf9j3j]

As of their most recent 10-Q, they have about $1.8 billion of unrestricted cash.

[cgrusden]

Yes, i understand, but where did that cash come from? If it's from investors, it "doesnt count" for our conversation purposes