Palantir employees itching for the startup to go public - Business Insider

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Former Palantir employees say that the startup's workforce has been 'itching to go public' — and the pandemic may have helped speed the secretive company's IPO filing

But Palantir employees are "really itching to go public," said one former employee who spoke on condition of anonymity because workers are sworn to secrecy about company operations when they sign the startup's stringent non-disclosure agreements.

The timing may seem like a bit of a head scratcher. But according to recently departed employees that Business Insider spoke to, the pressure to go public from inside Palantir has become increasingly difficult for management to ignore — and the changes brought about by the pandemic may have even pushed the situation to the brink.

Employees "would ask a lot of questions about the IPO," and in response, the company said that it was moving the IPO "up kind of considerably," one of the Palantir alums said.Like other tech companies, Palantir competes for the limited supply of elite engineers who can be snapped up by tech giants like Google, Amazon and Microsoft, which have much greater resources.

 

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techinsider Former Palantir employees say that the startup's workforce has been 'itching to go public's - and the pandemic may have helped speed the secretive company's IPO filing

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