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Nihaohonkie t1_iucdhoa wrote

Reply to comment by MathematicianKey5605 in Palantir? by MageTank12

They have over 2.4 billion in cash reserves and their operating expenses have increased due to a huge push of new hires and expenses. I’m not saying their financials are solid by any means, but they are not strapped for cash

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BagholderBaggins t1_iuctm72 wrote

This. With no new clients, they can operate at these margins and insolvent in almost three years. Meta had 10 billion in reserve and burned 9 of it for comparison. And in like comparison saying this thing is bleeding cash is like saying meta is declaring bankruptcy soon...... yeah but not at all likely. Years of this need to play out. I'm long fuck yall 25 by 2025

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