Since 2004, the company has been run by cofounder and CEO Alex Karp, an unusual and eccentric leader who pursued a Ph.D. in philosophy and invested on behalf of wealthy European clients before joining Palantir. Karp is worth about $1.3 billion and has never been married. Though Palantir is based in Palo Alto, California, Karp often works out of a barn in New Hampshire.
During his tenure, Karp has weathered controversy over Palantir's partnerships with law enforcement, military, and US Immigration and Customs Enforcement. Palantir, the controversial big-data company, has filed to go public, launching its longtime CEO, Alex Karp, even further into the public eye. The company, which creates software to manage, analyze, and secure data, raised its last round of funding in 2015, which valued the company around $20 billion. Since then, the valuation has likely dropped toKarp, who joined as CEO in 2004, is known as an unusual leader, even by Silicon Valley standards. He pursued a Ph.D. in philosophy before joining the startup and is recognizable by his wild hair and brightly colored athletic attire.
Here's how the 52-year-old Karp got his start, took the helm of the secretive startup, and built it into a multi-billion-dollar company that may be about to have one of the biggest IPOs of 2020. Alex Karp grew up in Philadelphia. His parents were a pediatrician and an artist who Karp has described as hippies — they often took him to labor rights demonstrations and anti-Reagan protests when he was young. A 2018 Wall Street Journal profile called Karp a "self-described socialist."
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