Everyone is missing the bad business forest for the privacy abuse trees.<p>Palantir is a consulting company that has somehow convinced the world they exist in the same universe as standard high-margin tech companies, like Away luggage. The only differences between Palantir and, say, Booz Allen Hamilton that I can see are that 1) Palantir hires more engineers and 2) Booz has 7x the revenue and actually turns a profit.
Palantir is a real threat to liberty, I am surprised to see so many “freedom” types support them.<p>This update illustrates how important control is to the founders.
So are these SPACs simply a method of avoiding standard public company disclosures, while providing liquidity to insiders? How would that be a good idea?