Technological Republic - Alex Karp

[ValueMaven]

Came out yesterday and I cant put it down - I basically agree with everything he has written.  Wow this guy and his views are so interesting.  

Too bad PLTR trades at 400x p/e and insiders are selling billions of stock ... 

[james22]

Yeah, great.

 

https://alexpriou.substack.com/p/on-the-technological-republic-by

[formthirteen]

On 2/19/2025 at 5:10 PM, ValueMaven said:

Wow this guy and his views are so interesting. 

 

Yes, the world needs more guys like him:

https://archive.is/yNGB0#selection-2376.0-2376.1

 

Quote

A self-described socialist whose preferred work uniform is athletic wear and bright beanies, he is a fitness nut who lives in a one-room Bavarian-style farmhouse. He occasionally shoves clients in the chest to demonstrate a Chinese martial-arts move to redirect force. He has three Tai Chi swords visible in his New York office and one in Palo Alto.

 

Quote

Outright talk of commerce was for years considered verboten. Mr. Karp would tell staff, in a nod to Palantir’s engineering roots: “We are not going to have any f—ing salespeople.”
Mr. Karp says: “If it began or ended with some vulgarity, I’m sure I said it.”

 

But not too many. I don't know where the equilibrium is but we're on the right track.

[ValueMaven]

Interesting WSJ article - thank you for sharing.  I looked at PLTR when it fell from like $30 (IPO) down to $6 as a speculative tech play.  Ofc I didnt purchase it - which was a huge mistake.  Now the valuation is a total bubble.  50x revenue ... last few companies who saw this sort of valuation in the 2021-2022 timeframe quickly declined -50% or so .... and Karp is selling billions of stock.  So there is that.