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AFAIK their business model is to send skilled engineers to client sites to be consultants and developers. Their selling point is not some product/code per-se (ie. they have a code base with existing analysis tools, but nothing crazy), but the fact that they jump into whatever situation and grind through problems.

The problem is that they also keep close ties to law-enforcement and (para-)military clients, and while they promise to keep your data safe, they would never inform you if they received a warrant from the government to share the data.

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So, they’re basically a traditional consultancy firm focused on data analytics, particularly record linkage?
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And methodically operationalizing client work into products.
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So, they create powerpoints?
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No, the model is closer to AWS sending engineers into orgs to build bespoke solutions, with the platform team providing flexible building blocks rather than each solution being ground up.
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If that's an accurate description it's very puzzling that European countries buy services from them.
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It is a selective description.

FDE is not the only thing they sell.

Software Licenses for their products (Gotham/Foundry/AIP) is why countries (and businesses) deal with them.

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They dump all your stuff into a schemaless database and then attach widgets to it.

That's literally it.

It's not even particularly good technology.

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It's literally just "better then what people had" + they're willing to work through government and military contracting processes so it can actually be deployed in those environments.

They have a lot of "forward deployed engineer" roles which basically means staff with security clearances who get locked in SCIFs and provide on-site technical support.

Which is really why they keep getting hired: when you write into your contract "it stays on premises and technical support can't take logs off site" they agree to it (at a hefty mark up because all of that sucks to do).

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They have an entire youtube channel. For example, see this: https://www.youtube.com/watch?v=uF-GSj-Exms

Some of their stuff for handling data and versioned pipelines seem very well done.

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The government IS Palantir at this point, at least J.D. Vance was hand-picked by Thiel.

Musk+Thiel is also in the mix with Golden Dome, the space weapons program that was always Musk's mission. The inside "joke" is that Mars = Wars.

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And Golden Dome is just the reheated leftovers of the 80s Star Wars space-based scheme literally dreamed up by Dr Strangelove himself, Edward Teller, and promoted by the Heritage Society as a way to get past MAD and allow the US to start and win WWIII. These clowns will absolutely kill millions if they’re not put in check.

Those who can make you believe absurdities can make you commit atrocities. - Voltaire

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> These clowns will absolutely kill millions if they’re not put in check.

They already are.. but.. have you seen the DOW?

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Michael Burry is extremely bearish on their business model and has written excellent pieces on why he is shorting Palantir.
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The valuation is obviously insane. You can't have that kind of P/E ratios.

Same thing with Tesla.

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Burry is probably right, but he forgets that Thiel is friends with Trump, so the merits of business don't matter for Palantir to secure lucrative government contracts.
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What’s there to trust? You use a tool, it finds things you did that you didn’t bill for, you get paid. Where in this is trust required? The guy you’re billing will complain if the bills are inaccurate.
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You can just go sign up...?

https://www.palantir.com/developers/

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No one can explain what it is. They have some bullshit “ontology” thing they talk up on every investor call and bots spam about it on twitter and reddit. I think they are basically a software consultancy firm that the government can outsource all evil deeds to. Like warrantless surveillance
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Their "ontology" is not bullshit but they speak about it in a bullshit way. I think they refer to it like a product or something they invented as a form of marketing. https://en.wikipedia.org/wiki/Ontology_(information_science)

If you just google ontology you probably end up reading some Heidegger and conclude how deep these guys must be.

Whenever I hear Karp say it I always think of it like he is saying "Database" or "The Database". "What makes Palantir different is Database".

I think so much of Palantir is performative and for sales performances.

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