“The growth sucks.” That’s how Alex Karp, the CEO and co-founder of Palantir Technologies, described the company’s performance in Europe. He said this on August 3 to shareholders, while his colleagues defended an “incredible” quarter in the United States.
Palantir sells software that cross-references massive amounts of data from very different sources. And Karp argued that the European continent would be worse off without his company: “We’re supporting lots of institutions in Europe. Without our products, they would have rampant terrorism and migration problems… and the results would be 10 times worse.”
