How Palantir Lost $400 Million on SPACs

Go to https://public.com/wsm to start earning 5.1% interest today!

A High-Yield Cash Account is a secondary brokerage account with Public Investing. Funds from this account are automatically deposited into partner banks where they earn a variable interest and are eligible for FDIC insurance. Neither Public Investing nor any of its affiliates is a bank. US only. Learn more at https://public.com/disclosures/high-yield-account

In 2021 and 2022 the software company Palantir invested ~$450 million in start-up companies, the vast majority of which went public by merging with SPACs. They have thus far suffered almost $400 million of losses on these investments. So what happened? Why did Palantir invest in SPACs and why did it end so disastrously?

Check out the video we made about Rigetti Computing on our second channel Broken Business Models: https://www.youtube.com/watch?v=yTji48PI_i4&ab_channel=BrokenBusinessModels

For business inquires: Mary@creatormanager.co

For other inquiries: Wallstreetmillennial@gmail.com

Check out our new podcast on Spotify: https://open.spotify.com/show/4UZL13dUPYW1s4XtvHcEwt?si=08579cc0424d4999&nd=1

All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please send me an email, wallstreetmillennial.com, and we can sort it out.

#Wallstreetmillennial #palantir #palantirstock #spac

0:00 - 1:55 Intro
1:56 - 4:01 Palantir
4:02 - 11:42 SPACs
11:43 Future outlook

Видео How Palantir Lost $400 Million on SPACs канала Wall Street Millennial