Tech Brew Ride Home Wed. 08/26 – Palantir’s S-1 Takes A Swipe At Silicon Valley
Aug 26, 2020
Palantir's S-1 filing reveals its financial struggles and unique approach to going public. Apple's exciting plans to incorporate augmented reality into Apple TV+ could change how we experience content. Meanwhile, a big name in 3D printing is set to debut via a SPAC deal. Researchers have set a new world record for internet speed, reaching an astonishing 178,000 gbps. Plus, Elon Musk teases a demo of his brain-computer interface technology, promising to revolutionize how we interact with devices!
AI Snips
Chapters
Transcript
Episode notes
Palantir's Financials
- Palantir's S-1 filing reveals its financials, showing a $580 million loss on $742.6 million revenue in 2019.
- The company relies heavily on two unnamed clients and plans a direct listing on the NYSE under PLTR.
Founder Control at Palantir
- Palantir founders retain near-total voting control through a Class F share structure.
- This ensures their decisions can't be overridden, mirroring strategies used by Facebook and Google.
Apple TV+ AR Content
- Apple will integrate AR content into Apple TV+ as bonus material.
- Viewers can interact with virtual objects through their devices, enhancing their viewing experience.