The Evolution of Palantir

Palantir IPOed at 1 billion in ARR and a billion is incredible, but it did take it 17 years to get there. Snowflake had a relatively low margin product pre IPO, but then it got it got its act together. It got the it got traditional software type margins and so did Palantir. Both of them took a while to have to look like a public company needs to look to go public.