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Yeah, I don't get it either. > CEO Alex Karp announced in 2013 that the company would not be pursuing an IPO, as going public would make “running a company lik
by bjt 11y ago
Yeah, I don't get it either.
> CEO Alex Karp announced in 2013 that the company would not be pursuing an IPO, as going public would make “running a company like ours very difficult.”
https://en.wikipedia.org/wiki/Palantir_Technologies https://en.wikipedia.org/wiki/Palantir_Technologies
11 years old, 1500 employees, never planning to go public. At some point you have to stop calling it a "startup".
- mason55 11y agoI'm curious what they are telling investors about possible liquidity events. It's not like there are many companies out there that can do a $20B acquisition and if they're not planning to go public I wonder how the investors are planning to get enough money out to cover their risk and beat their expectation from other investments.
- jsprogrammer 11y agoDividends, kickbacks, etc.
- seizethecheese 11y agoThat's not how venture capital works. They need liquidity events to make their 10 year fund model work.
- hugs 11y agoNot all VC. :-) Indie.vc has a cash distributions (aka dividends) option in their investment terms.
- jsprogrammer 11y agoSales provides liquidity; dividends just bundle it into packages.
- bcg1 11y agoWhen the government is your VC it doesn't matter if your company is a roach motel for cash.
- tlogan 11y agoOracle, Microsoft, or IBM. Any other?
- jonknee 11y agoA large military contractor would be way more likely (Lockheed Martin, Northrop Grumann, etc).
- dworin 11y agoI could see any of the large professional services firms or government/defense contractors being interested.