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by deviation 2003 days ago
Their filings state they grew from a 1.43B asset base in 2018 to a 1.59B asset base in 2019.

I guess it doesn't matter how much cash you're bleeding if the underlying product (the company) is increasing in value.

1 comments

https://finance.yahoo.com/quote/PLTR/balance-sheet?p=PLTR

Total liabilities increased too.

It's not clear if the incoming administration will give them the same federal contracts the current administration has.

I speculate that the direct-listing + SPAC's created by Chamath are at play here.

Bad things happen when you have parties involved in an idea that aren't directly working on that idea, coupled with lots of money.

We've all seen this movie 1,000 times before.