Palantir
Why it is one to watch: One of the oldest tech firms to go public, the 17-year-old secretive data analytics company is likely hoping to ride the wave of investor enthusiasm for enterprise software stocks. But its secretive nature and tight control by a handful of insiders could raise questions for investors.
Expected timing: September 30th
Type: Direct Listing
S-1: Found here.
Palantir Goes on Defensive in S-1
Many of Palantir’s financial metrics leaked last week, making the most revealing part of its S-1 filing CEO Alexander Karp’s railing against digital advertising-dependent tech firms.
Palantir Lost $580 Million in 2019, Leaked Documents Show
The leak suggests Palantir's revenue is growing at a decent but unspectacular 25% a year.
Palantir to Move Headquarters to Denver
CEO Alex Karp has decried the “monoculture” of the San Francisco Bay Area.
Palantir Eyes September for Direct Listing
The company had been eyeing a direct listing bypassing some investment banking fees, similar to what Spotify had done and bypassing lockup periods for shareholders.
Palantir Files for IPO
Palantir, co-founded by the Peter Thiel, didn't reveal any financial details or disclose what valuation it is seeking in its filing for a public stock offering.
Palantir Raises $500 Million From Japanese Insurer
The fundraising could reduce any pressure on Palantir to go public this year.
Palantir Expected to File Confidentially for IPO in Coming Weeks
The big data firm could start trading later this year.
Palantir CEO Says Company May Go Public in the Next Year
“The problem with being a public company is that it can be culturally corrosive on the inside,” said Palantir co-founder Alex Karp.
Palantir Expected to Delay IPO Plans
Peter Thiel's data analytics firm had earlier planned to file for an IPO this fall.
Palantir Wins $111 Million U.S. Army Contract
The dealt strengthens Palantir’s ties with the U.S. government, which have strengthened as some tech companies balk at doing business with the Pentagon.