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> Since this isn't a public company, and many startups have rules over what is valid or invalid sale of their private stock, isn't Palantir able to say who can
by unityByFreedom 10y ago
> Since this isn't a public company, and many startups have rules over what is valid or invalid sale of their private stock, isn't Palantir able to say who can and cannot buy the stock?
Hmm I don't know if that's common. I think the company often has right of first refusal for founders, meaning the company can buy shares being sold, though not sure whether they can block sales outright.
> Also, if the US govt were very concerned about this, I imagine they would step in and block it.
Yeah, I agree. The security argument sounds like an investor's way of hyping the value of the company, since it's "so valuable China shouldn't be allowed to invest in it". Also could be Thiel's version of "I don't want to bake your gay wedding cake", substituting the Chinese for gays.