Palantir CEO Alex Karp took a victory lap over the company’s explosive growth, saying it managed to boost its commercial business using a “miniscule and shrinking” sales team.
In the shareholder letter accompanying Monday’s second-quarter results, Karp said it was another case of Palantir ignoring the norms of growing a business.
“On a quarter-by-quarter basis, our US commercial business grew 28%. Such growth — indeed, such acceleration — gives the impression that what others might require a year or even longer to achieve, we can do in 90 days,” Karp wrote.
“It must be noted that we have achieved these results with a minuscule and shrinking…
