Palantir reveals stock-listing documents as the secretive startup prepares to go public - Business Insider

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BREAKING: Palantir applies for direct listing as the secretive startup prepares to go public

"Our company was founded in Silicon Valley," Karp said in a letter accompanying Tuesday's filing. "But we seem to share fewer and fewer of the technology sector's values and commitments."

Cofounded in 2003 by PayPal alum and Facebook board member Peter Thiel, Palantir has grown into one of thein the country, with $2.75 billion in venture capital raised and valuations as high as $20 billion. Cofounder Alexander Karp, Thiel's Stanford Law School classmate, has served as chief executive since 2004.

The company's clients include US government agencies like the FBI, CIA, and Department of Defense, as well as law enforcement agencies around the world. Many of those connections, including

 

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I had no idea Paulie Shore had anything to do with that company

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