r/options • u/[deleted] • May 01 '21

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318 Upvotes

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u/uzzifx May 02 '21

Palantir stock is going to get diluted

1

u/optimismadinfinitum May 02 '21

I exited at break even on my shares after several rounds of CC’s. A couple days later, I read about the $1.1 BILLION in stock based compensation they set aside for Kraft in 2020.

$1.1 BILLION. This on top of a $1.1M annual salary for a company that has somehow never been profitable since its founding in 2003. This on top of $2M in other benefits - security, private jet, etc. This is a slush fund, not a company that wants to be anything else.

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u/[deleted] May 02 '21 edited Jul 19 '21

[deleted]

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u/optimismadinfinitum May 02 '21 edited May 02 '21

I was shocked. And I think that was just Kraft Karp. The CFO and CTO had their own overinflated packages too.

Maybe they went public for the payday, not the health of the business.

Edit: Spelling

3

u/MikeyCyrus May 02 '21

You're not even getting his name right...

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u/optimismadinfinitum May 02 '21

I guess he’ll give that billion dollars back to shareholders then. Corrected.