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by JMTQp8lwXL 2131 days ago
The magnitude of Amazon's losses are incomparable. Palantir losing half a billion in one year is significant. Amazon's loses were <$10 million in the mid 90's. [0]

The article's title gets straight to the point. "Why Amazon’s History Of IPO-Era Losses Means Little For Today’s Unprofitable Unicorns".

[0]: https://news.crunchbase.com/news/why-amazons-history-of-ipo-...

1 comments

Unless I'm mistaken, according to Amazon's 10-K in 2002, they showed a Net loss of:

2002 - Net Loss: -$ 149 million

2001 - Net Loss: -$ 567 million

2000 - Net Loss: -$ 1.41 billion

1999 - Net Loss: -$ 719 million

1998 - Net Loss: -$ 124 million

Source: https://www.evernote.com/l/AUlIcX9k_elHUY7Fjsg749afPPxh3verZ...

Palantir's revenue was $742 million in 2019, so it's relative. How is Palantir going to scale to 10x, 100x current revenue? Is federal spending going to balloon to accommodate that growth?

Amazon took a bite out of big-box retailers. They could grow by stealing their competitor's revenue streams. Palantir doesn't have that option, unless there are other equally giant contractors they can knock out.

I haven't seen the S-1, so I don't know.