Last week, Alex Karp, the voluble chief executive of data company Palantir, went on CNBC and frantically attacked investors who doubted his company and dared to bet that its shares were overvalued.
“When I hear short sellers attacking what I believe is clearly the most important software company in America — and therefore the world, in terms of our impact — simply to make money, and trying to call the AI revolution into question . . . [it] is super triggering to me,” he said.
Who had caused Karp’s ire? The hedge fund manager Michael Burry, who had revealed in a routine regulatory filing that his Scion Asset Management was betting against Karp’s richly valued data intelligence company.
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