10 Little Known Billion Dollar Businesses
Palantir Technologies
Valued At: $ 9billions
Founders: Peter Thiel, Joe Lonsdale, Alex Karp, Stephen Cohen, Nathan Gettings
Established: 2004
Palantir Technologies is a software developer specializing in data analytics software. They have two products—Palantir Gotham and Palantir Metropolis. Palantir Gotham caters to the government’s data analysis needs, whereas Palantir Metropolis is into financial data analysis and predictive data analytics. Its initial investors include In-Q-tel, the investment wing of the CIA. Its client list throws up names such as, the U.S Intelligence Community, U.S. Department of Defense, Recovery Accountability and Transparency Board among others.
Fanatics
Valued At: $1.5
Founders: Allan Trager, Mitch Trager
Established: 1995
Fanatics, an online retailer who is the licensed partner of sports bodies to sell sports merchandise. It has two channels, Fanatics and FansEdge. They have 1 million square feet of warehousing space. The official jerseys contribute a major chunk to their sales. It received a $170 million funding in 2013.
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