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Sky Harbour reported record results for the third quarter, with revenue rising 45 percent year-over-year and securing approval for two new campuses at Van Nuys, described as the world's busiest general aviation airport.
Joe Lonsdale, identified as founder and investor at 8VC and Palantir (co-founder), expressed optimism about Tal and the Sky Harbour team, and commented on the role of AI and the prosperity it may bring.
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Lonsdale previously commented on rapid expansion in the private markets, following Ramp’s $1.85 billion fundraise at a $60 billion valuation and more than 100% year-over-year revenue growth, as reported in Ramp’s recent funding round. He has also highlighted technology’s role in enabling companies to reach significant scale and expand wealth, based on his experience building new ventures, according to recent statements. These remarks frame Lonsdale’s outlook on Sky Harbour’s growth and technology-driven approach.