Palihapitiya argues $120,000 salary doesn't match claim of best-in-class PhDs at well-funded tech companies.
“Now if you started to tell me that these were the best in class PhDs in all of these whiz bang industries where the companies are raising billions and billions of dollars, you guys already know that this salary would not pass the smell test.”
Palihapitiya says Palantir's premium valuation stems from its uniqueness and lack of alternatives, creating durable cash flows.
“Palantir is both unique and well run, and there's no clear alternative, so there's no place to churn to.”
Palihapitiya argues big tech cash gets little valuation credit, so companies should spend aggressively on products.
“If you actually look at the DCF of the enterprise value of these businesses, it gets very little credit for that cash almost to the point where it's worthless.”
Palihapitiya predicts tech companies would pay salaries for electrician training due to high demand.
“I bet if you went to Google, they would not only subsidize you, they would probably pay you a salary to get educated to do that job.”
Palihapitiya argues progressive Democrats fundamentally hate Silicon Valley and won't let tech companies they don't control thrive.
“But I think that if they think that they have the Democrats, that's fleeting as well because I think progressive Democrats fundamentally just hate Silicon Valley and technology, and so there's no way they're gonna let some god king over here that they don't control either.”
Palihapitiya warns all clouds are infantile versus hyperscalers, most neoclouds just directional LPS bets without real tech
“@thetimmorgan All clouds are very infantile relative to the hyperscalers. Doesn’t mean they can’t win over time but the road will be bumpy. Most neoclouds are mostly just directional bets on LPS rn. No real tech and uptime to speak of…”
Palihapitiya warns all clouds are infantile versus hyperscalers, most neoclouds just directional LPS bets without real tech
“@thetimmorgan All clouds are very infantile relative to the hyperscalers. Doesn’t mean they can’t win over time but the road will be bumpy. Most neoclouds are mostly just directional bets on LPS rn. No real tech and uptime to speak of…”
Palihapitiya explains usual knowledge management fails because documentation drifts from building day one
“@DeepInsightLabs Good question. The usual failures happen because documentation is usually a separate act from building and often optional. Someone ships something new or a change, then maybe writes it down but the two start to drift apart from day one. Tribal knowledge is then what fills the”