- December 15, 2021
- Posted by: Stratford Team
- Category: Business
Software company Palantir Technologies (NYSE:PLTR) has always been something of an enigma, even to its shareholders. So what exactly does this company do? In this segment of Backstage Pass, recorded on Nov. 1, Fool contributor Danny Vena explains.
Danny Vena: The company I want to talk about is Palantir. What I’m going to do is I’m going to go ahead and just put a slide up that has some basic information about Palantir and what it is that they do. Let me share my screen here.
Palantir is a company that seems to generate strong feelings one way or the other. Some people are very pro Palantir and some people are very anti-Palantir. But I want to talk a little bit about how Palantir evolved and what the company really does. In the wake of 9/11, it became very clear we had a lot of government bureaus that had data, but it was siloed.
You had the FBI that had some data, you had the CIA that had some data and what…
