Big data analytics company Palantir could finally go public in the next year. When asked if an initial public offering would occur in the next 12 months, CEO and co-founder Alex Karp told Axios : “I suspect that will be true.” Karp, who has been running the 17-year-old company out of a barn in New Hampshire, said Palantir had pushed off its IPO because staff were busy “building products and we...
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Stripe in Talks to Raise Up to $3 Billion From Current Investors
Less than a week after telling employees that it would evaluate a public offering over the next year, payments giant Stripe is moving quickly on a deal to raise as much as $3 billion from its existing investors. The talks, which have heated up in recent days, are likely to value the company at between $55 billion and $60 billion, according to one person involved in the potential deal....
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