Message me if you are interested.
Tiger21.com
95 karma · joined July 5, 2011
Message me if you are interested.
Tiger21.com
We are hiring for two roles:
1. People that have a technical background and want to become investors.
2. People that have an extraordinary background outside of technology (especially in writing or other liberal arts) and a deep interest in technology and want to become investors.
Please get in touch if interested! My email is alex at …
Palantir is software deployed for specific customers. The customers then use Palantir against their data and publicly available data.
The software is fine by the big advantage is that it has meraki reliability without the licensing.
Hedging out your stock based compensation goes directly against this, and misaligns you with the rest of your company. I think if you don't believe in the companies prospects it is best to take another job or ask for more cash and less equity.
- Selling enterprise software (you can make 10%-20% of an 8 or 9 figure deal)
- Selling securities in some form or another (you make ~5% of deals worth potentially hundreds of millions of dollars)
- high leverage consulting (solving very hard tech problems for lots of people. for example: I have a friend who helps a whole bunch of computer vision companies and makes a ton. Another friend is an SEO expert.)
- Patenting core technologies and selling those patents (A buddy of mine sold his patent for $10M)
- "platform based land grabs". Think of the people who bought tons of domains early in the Web's history. Or the first guy to make an emoji app on iOS. These are different than "starting a company" as you really only need a product and can pull it all off on your own. I suspect there will be more of these in the future.
All of these require creatively navigating business as well as being an awesome dev.
On the other hand, the customer has results after 6-8 weeks. How much software can really be built in that sort of time frame? Not much...
In my opinion Palantir is a product company, but the product is deeply integrated in to an enterprise. And doing that takes time and people.
Think Excel (network effects derived from its communication properties), CoreLogic (derived from having all the data), Addepar, etc.
These companies also typically have high fixed costs across all of their customers once they are at scale.
These features are a deep part of the platform (i.e. they can't be turned off) that powers a lot of the other features (entity resolution / de-resolution, for example). Say what you want about the people collecting the data and the data they are collecting, but civil Liberties and privacy protections are an inseparable part of Palantir.
A good analogy would be Comcast buying NBC. Of course google is at a higher scale than any previous distributor, so they can easily buy up lots of small but very valuable comtent producers.
Scary.
Anyone know about reliability?