Market has undervalued durable tech platforms for years

“It’s clear the market has really undervalued a lot of these durable tech platforms for many years,” Joe Lonsdale, 8VC founding partner and Palantir co-founder, told CNBC’s “Squawk Box” Thursday. “Looking at this, sure, there is a lot of money around, but there are also a lot of good reasons for these tech platforms to sometimes be worth more than people intuitively understand.”

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Thu, Dec 17 20209:16 AM EST