How Palantir Lost $400 Million on SPACs

WSM is my favorite short selling reporter.

The massive share dilution did far more damage to Palantir's valuation than this.

They used the spacs for R&D. These diverse spacs business operations so it's software could learn that industry

What a crappy hit piece.

Palantir is great company.. best software

this is like Hindenburg-level analysis.

People said reverse mergers are a scam then someone made a spac and everyone bought it 😂💀🙏

Good work. Thanks. You are right that there are tons of Palantir pumpers out there. It is definitely a meme stock. For most investors it falls into a product category they don't use or understand.

Btw to correct, hedge funds don't even invest/trade in start ups, is VC's

Every big company I have ever worked for has some jaw dropping software bills (splunk, data dog and salesforce etc). There are open source alternatives that get ignored. I am sure the governments of the world are being robbed blind given the less sophisticated employees. Spookewooky Palantir is the tip of the iceberg

Can't imagine putting my money in speculative markets like that, but that's just absurd.

Kids don't listen to all the red flags with this pile of 💩

Adtheorent SPAC up 95% YTD 2024..

RUM looks poised as the meme hype stock of 2024.. so far up 37% YTD.. 🤔

Palantir is an evil company owned by evil men. So I bought some of their stock since the worlds ass backwards and evil people get away with everything nowadays.

I’m also not shocked a Peter Thiel is making terrible investments based on trying to take advantage of companies. He’s evil.

They need to get rid of SPACs

amazing, love it

Faraday Futures.... big red flag to whom knows anything about Chinese stock market scams

YET ANOTHER AD channel.
No Thanks.

Get ready there is one big big company doing this and most likely several more and they are big tech names

Wow.. Short sell?

Tom Nash is a grifter. He quickly blocks people calling him out as one on his channel.

Surprisingly how the smartest company on earth apparently isn’t that smart

In elvish from which the word "Palantir" originates the stress is on the second to last syllable.

this has to be round tripping because anyone in the know knew SPACs where a scammy mess waiting to blowup since day 1

I was a part of the hype and bought in. Sold everything with a good loss. They are not relevant and even the ex cia guy that gives podcast to lex friedman told pltr was dogshit.

I mean... Starting this video with a "free money" ad isn't the best idea

I became sceptical of this company as soon as I saw Tom Nash pushing it.

Buying early customers is a classic startup move that Theil practically invented at PayPal.

I assume the idea was to kickstart the commercial business and start getting feedback/learning that market/gaining credibility.

Whether that’s actually a good idea for an existing business who is trying to enter a new market vs. a new startup is an open question.

glowie money laundering/pilfering

Is PLTR is next NVIDIA??

Would have been helpful if this video was made while this was happening. Now, everyone can talk and point out hundreds of things in hindsight. This should have been done, that should have been verified, etc.

Wasn't Cramer (Buy, Buy Buy) pushing (pumping) Palantir recently?

SoFi and Palantir 🚩🚩🚩

I'm shorting everything next pandemic

In LOTR, the Palantir were "seeing stones" that Sauron gave to the rulers of men/elves/dwarves in middle earth. However, Sauron did not tell the rulers that he could secretly monitor and influence them through the palantir. Some evl nrd must have started this company 🤣

Did you know the British government has handed over the NHS data of 66 million people .. for.. nothing.. possibly against our own laws.

Palantir is up over 20% since this vid came out. What about that…?

Actually Palantir is not a bad investment. May even be going into S&P very soon. Been a holder since $8.

And what is a SPAC? That shiuld be told in the first 30 seconds.

More like SPAC predation than investment. Given the terms, not only does Palantir suck their money back, they also get to claim the assets of whatever is left from the husk...

Chart looks bullish and fundamentals are not horrible currently. Im buying. But always with a stoploss

Palantir must have been thinking interest rates would stay low, and they could prop up a bunch of unprofitable zombie companies to buy their product.

If a growing company chooses to invest in other companies I worry. Either the tech they depend on is mature or their market is not growing.

As a long time Wall Street professional and successful investor, I find the leadership to be extremely important in my decision of investing. It almost certainly dictates the success, failure, or stalemate. Personally I do not invest in palentir due to the ceo, he does not pass my vibe check. unrelated I hate elon musk. worst ceo of all time, scammer.

You have no idea what you are talking about. Palantir’s Foundry can be managed internally by their clients. Its strength is in the abolitybto organise a massive amount of data and to standardise data from multiple sources. It’s a fantastic data warehouse, dashboards are not so good but the data warehouse can be plugged to a specialist dashboard platform. Please do more research before throwing accusations.

Did not know that Taika Waititi had an entrepreneur brother.

i also lost alot of spacs but luckily not $400 Million