Salesforce Inc. (NYSE:CRM) CEO Marc Benioff expressed admiration for Palantir Technologies Inc. (NYSE:PLTR) during Tuesday’s Goldman Sachs Communacopia+Technology conference, highlighting the data analytics company’s premium pricing model.
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Benioff Praises Palantir’s Market Valuation
“Oh my gosh. I am so inspired by that company,” Benioff told CNBC. “I mean, not just because they have 100 times, you know, multiple on their revenue, which I would love to have that too. Maybe it’ll have 1000 times on their revenue soon.”
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The comments highlight increasing acknowledgment of Palantir’s market position, even though there’s a big size gap between the companies. Salesforce brought in over $10 billion in quarterly revenue, maintaining a scale that’s 10 times larger than Palantir’s.
Growth Rate Disparity Highlights Market Dynamics
Palantir’s 48% growth rate significantly outpaces Salesforce’s 10% expansion, demonstrating investor …