Palantir Technologies Inc.'s raison d'etre is identifying patterns hidden within mountains of data.Yet somehow it didn't spot the risks in its own investment strategy or the danger that startups might not be able to pay their bills.Palantir's losses from a portfolio of businesses that went public via special purpose acquisition companies, show the dangers of correlated stock investments and an unsustainable growth strategy.
#years #necessarily #stock-market #financial-times #profitability #direct-listing #investment-strategy
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