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I can't find the source so this is from memory; but Karp or Theil said they wouldn't ever go public and essentially can't because they are essentially a DoD con

I can't find the source so this is from memory; but Karp or Theil said they wouldn't ever go public and essentially can't because they are essentially a DoD contractor. While other companies notably do similar things and other contractors are public, Palantir provides a unique platform to some extent and their customer base, much of their technology and operations are secret. It is known they will not likely go public as it would be detrimental to their business and in-Q-tel (cia vc arm) is a major shareholder. While Silicon Valley does need to rethink some of the ways they compensate employees; especially at late stage private ones, I would not consider Palantir indiicative of a typical SV unicorn

bane 10y ago
All is not friendly in the shire, remember this post from a few years ago? https://www.quora.com/When-will-Palantir-go-public https://www.quora.com/When-will-Palantir-go-public
- vonklaus 10y ago
  In his response on quora he said he: * left palantir in 09 * is a major shareholder * left after he "had successfully replaced myself in both parts of the company we'd created and had fully vested". So I am not going to speculate whether he was pushed out, but it sounds like he has much less latitude for steering the company. Especially when you consider the power of the other founders and the initial VC capital that was put in. So this (claims of palantir going public) are what I would expect a major shareholder without control of the company to say. It is effectively the only way to put pressure on them. Even if this is wildly incorrect, and it quite possibly is, that comment was made several years after he had little more than an advisory role at palantir. https://www.quora.com/Why-did-Joe-Lonsdale-leave-Palantir https://www.quora.com/Why-did-Joe-Lonsdale-leave-Palantir
CPLX 10y ago
After seeing that name for probably half a dozen years, today for the first time I realized it's probably intended to be a cute mashup of the words "incubate" and "intel" Go figure.
spacecowboy_lon 10y ago
BAE,BT and qinetiq are quoted and do work for the MOD and DOD - if its such sensitive work then they would be crown servants (or what ever the equivalent is for the USA)

bane 10y ago

All is not friendly in the shire, remember this post from a few years ago? https://www.quora.com/When-will-Palantir-go-public https://www.quora.com/When-will-Palantir-go-public

vonklaus 10y ago
In his response on quora he said he: * left palantir in 09 * is a major shareholder * left after he "had successfully replaced myself in both parts of the company we'd created and had fully vested". So I am not going to speculate whether he was pushed out, but it sounds like he has much less latitude for steering the company. Especially when you consider the power of the other founders and the initial VC capital that was put in. So this (claims of palantir going public) are what I would expect a major shareholder without control of the company to say. It is effectively the only way to put pressure on them. Even if this is wildly incorrect, and it quite possibly is, that comment was made several years after he had little more than an advisory role at palantir. https://www.quora.com/Why-did-Joe-Lonsdale-leave-Palantir https://www.quora.com/Why-did-Joe-Lonsdale-leave-Palantir

CPLX 10y ago

After seeing that name for probably half a dozen years, today for the first time I realized it's probably intended to be a cute mashup of the words "incubate" and "intel" Go figure.

spacecowboy_lon 10y ago

BAE,BT and qinetiq are quoted and do work for the MOD and DOD - if its such sensitive work then they would be crown servants (or what ever the equivalent is for the USA)