Planet Labs

“Went public via SPAC in 2021 at ~$2B, stock has gone from $5 to $50 in the past year (~10x).”

“We invested pre-IPO at a billion dollars. We distributed the shares at three or four billion. And then it went to 50 billion over the course of the next 24 months.”

“We're partnering with Google to launch some of their TPUs into space. We've already launched some of NVIDIA's GPUs into space.”

“Google hasn't sold a share. They're our largest single investor.”

“All the cool stuff that we're doing with LLMs now is really based on just the text of the internet being absorbed into these models... But they don't know shit about the real world.”