In viewing Palantir purely through an investment lens, sometimes it's best not to overthink it: Palantir's largest customer is the largest customer in the world, with the deepest pockets and highest propensity to spend - the U.S. government. You want to be selling to the U.S. Government.
-Palantir thrives in a bear market/fraught geopolitical environment because all the bullshit they compete with goes away, people (customers) get focused on survival and Palantir's products simply work and have no competition.
-Unfortunately, thinks the world is going to be a less happy place due to wars, etc. for a long time but, fortunately, for reasons that are ultimately ephemeral.
-Differentiated from a talent recruitment perspective because one of the few actually mission-driven companies. No place to work like it.
Just came across this ~45 minute interview CEO Alex Karp did with Stan Druckenmiller just 2 weeks ago: https://www.youtube.com/watch?v=0sddHG0D0Y4
Takeaways:
-Palantir thrives in a bear market/fraught geopolitical environment because all the bullshit they compete with goes away, people (customers) get focused on survival and Palantir's products simply work and have no competition.
-Unfortunately, thinks the world is going to be a less happy place due to wars, etc. for a long time but, fortunately, for reasons that are ultimately ephemeral.
-Differentiated from a talent recruitment perspective because one of the few actually mission-driven companies. No place to work like it.