Palantir grapples with its image as it prepares for IPO - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Palantir built itself into a $20 billion success with a secretive and controversial business. Now it's prepping for life as a transparent public company.

Karp himself has worried publicly that Palantir might not have been able to secure those contracts or build its products if it were a public company at the time, both because of public perception and investors' inability to understand Palantir's revenue model.

in May. "These products were built over the course of years. And they were derided. Barely anyone wanted to invest in us. We almost went out of business a number of times."Because Palantir hasn't shied away from contracts with agencies like ICE and the Pentagon, it's become a target for immigration activists and human rights advocates.

"Palantir has built its empire by helping governments' violate people's basic human rights. No matter how much they try to clean up their image for investors, their money will always be blood money," said Evan Greer, deputy director ofPalantir's public offering announcement also comes as tech workers are increasingly vocal about dissatisfaction with their company's mission and contracts.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside Donald Trump and Kanye West's unlikely friendship - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Bevis and butthead CNN MSNBC IdiotInChief You mean Dumb and Dumber
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside Regeneron's 32-year history, race for coronavirus drug - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. How far are they ?
Source: BusinessInsider - 🏆 729. / 51 Read more »

Palantir has confidentially filed for an IPO - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. √ 2020优质低价V2ray翻墙VPN机场, √ 套餐低至6元/100G/月,18元每季度; √ 免费试用网址:66yun100点xyz √ 敏感时期依然坚挺,大机场值得信赖, √ 支持安卓、IOS、MAC、WIN等设备, √ 不限速,50+线路任选 √ 另有:快速访问大陆网络,验网址:bailemen点xyz
Source: BusinessInsider - 🏆 729. / 51 Read more »

Palantir's name origin was inspired by 'Lord of the Rings' - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. What’s that?
Source: BusinessInsider - 🏆 729. / 51 Read more »