EADSY - Palantir Has A Long Uphill Battle Towards Customer Acquisition But Benefits From Stickiness And Contract Expansion
Palantir in 1 minute
Palantir (PLTR) is the most political IPO of 2020, as well as an enigmatic business. Part software firm, part consultancy, the brainchild of Peter Thiel is at the center of a culture war. Is it ethical to service the Immigration and Customs Enforcement agency in Trump's America? Is it treasonous not to? Palantir's primary challenges may not be matters of product or market, but politics and public perception.
The firm lists 17 years after its inception with a revenue run rate of $962M, recent growth of 49%, and gross