Here is a new article by Nabeel Qureshi, excerpt:
The combination of great intelligence and intense competition suited me well. It’s still hard to find today, in fact – many people have copied the ‘tough’ work culture and the ‘this is the Marines’ vibe, but few have the intellectual spirit, the sense of being part of a rich collective. opinions. This is difficult in a LARP – your founders and first employees have to be really interesting minds. The main companies that come to mind that have driven this combination today are OpenAI and Anthropic. No wonder they are talent magnets.
And this:
In the end, you’ve got a pretty good set of tools grouped around the loose theme of ‘aggregate data and make it useful in some way’.
At the time, it was considered a big step to give customers access to these tools – they didn’t exist – but now this drives 50%+ of the company’s revenue, and it’s called the Foundry. Viewed in this way, Palantir released a rare services company → product company pivot: in 2016, its definitions as a Silicon Valley services company were completely off the mark, but in 2024 they are very off the mark, because the company is building successfully. a business data platform that uses the lessons of those early years, and shows in gross margins – 80% of revenue in 2023. These are software margins. Compare with Accenture: 32%.
The rest is interesting throughout. As Nabeel and several others have noted, there should be many more pieces trying to communicate what different businesses and institutions are really like.
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