Palantir: A Software Company?

Even in 2019, its growth margins were only 14%. Their numbers are a little bit murky. And going into the beginning of 2020, they went up to 40% gross margins. Then as they hit just before IPO, they're at 55%, that's where Twilio is. So maybe be who you are. If you want to do a lot, don't be scared of services. A lot of startups run away. They want to be all software or until recently, a lot of software companies want to sign annual contracts and not have consumption based contracts,. But be who youAre. Snowflake, which we'll talk about next and last is almost all consumption based.