Crossroads
I visited the Palantir NYC office. Here is what I found!
9/14/2025, 5:00:54 PM
Economic Summary
- PLTR emphasizes using its software internally and across the organization, which accelerates product improvement, reduces integration friction for customers, and supports differentiated solutions for government and commercial clients.
- Palantir’s business model departs from typical consumption-based SaaS pricing, which contributed to early analyst skepticism after its DPO but may enable stronger contract predictability and value-capture if customers see measurable outcomes.
- Inclusion in the S&P 500 signals greater institutional acceptance and maturity for PLTR, potentially improving liquidity and long-term investor interest while the company continues expanding government and commercial deployments.
- A flat, meritocratic culture that encourages dissent and rapid iteration appears to sustain talent-driven innovation, which can translate into sustained product-led growth and competitive advantage.
Bullish
- Company deeply uses and iterates its own product, improving product-market fit and reliability.
- Relentless focus on innovation and execution with few direct peers in its space.
- Mission-driven, meritocratic culture attracts and retains high-skill employees who drive outcomes.
- Strong government and commercial customer outcomes underpin durable revenue opportunities.
- Inclusion in the S&P 500 reflects increased institutional recognition and maturity.
Bearish
No bearish cases captured.
Bullish tickers
PLTR
PLTR
Bullish
Deep internal use, relentless product iteration, strong government and commercial outcomes, and a meritocratic culture support durable competitive advantages and long-term growth potential.
Bearish
Early skepticism after a DPO and a non-standard, non-consumption pricing model could leave PLTR misunderstood by some investors and create adoption or valuation headwinds.
People mentioned
CrossroadsAlex KarpElianoChadSasha