Palantir publicly filed stock-listing paperwork on Tuesday and revealed nearly $580 million in 2019 losses. Like other money-losing companies have recently warned in their paperwork before going public, Palantir said it may never turn a profit.
. The company reported a net loss of roughly $580 million in 2019, and an almost identically-sized loss in 2018. Palantir generated nearly $743 million in revenue last year, a 25% rise from 2018's revenue of $595 million. The company is newly headquartered in Denver, Colorado and was previously based in Palo Alto, California in the heart of Silicon Valley. Palantir was founded by a group of alumni from PayPal, including current chief executive Alex Karp and the venture capitalist Peter Thiel.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
So people should invest because shits and giggles ?
Good. Let's hope it sinks.
intelligence fronts don't have to make money
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside the $415,000-a-month Hamptons cottage where Rihanna vacationed this summer - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Is inside the house made with gold? Snore.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Palantir says activist criticism could hurt its business - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Keep an eye on anti-ICE people. They are the same ones who will riot when the time comes. Peter Thiel will profit nicely. I have an idea let’s go public ASAP. Good thing he’s such a Trump guy. Put that in the risk disclosure. Come Nov that may be a big negative. Cash out now Pete. $PLTR palantir Palantir Technologies files for direct listing IPO on NYSE No new capital raised, $1.5B in cash, $297.6B in debt $481.2mm in H1'20 revenue 1.6B shares to be outstanding as converted Company says it depends on $AMZN and $MSFT …
Source: BusinessInsider - 🏆 729. / 51 Read more »
Palantir CEO Karp says Silicon Valley lacks patriotism in S-1 filing - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 🤣🤣🤣 Palantir takes themselves way too seriously for a loss-making business that hasn't even listed yet My new social media design. How is it? Looking for multiple design socialmedia branding corporate promotional professional Contact me Facebook Twitter Instagram LinkedIn PalantirTech should reveal its connection to the Kremlin and white nationalism.🤔
Source: BusinessInsider - 🏆 729. / 51 Read more »
Palantir S-1 says it won't work with Chinese communist party - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Looking at the revenue base. Understanding why the likes of Thiel is such a Trump guy...
Source: BusinessInsider - 🏆 729. / 51 Read more »
Palantir is said to ready S-1 filing as soon as Monday - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Palantir applies for direct listing as the secretive startup prepares to go public - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »