Palantir Technologies Intrigues Investors Despite Its Mysteries
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Palantir Technologies, which has 1,500 employees, has government and private clients worldwide.CreditPeter DaSilva for The New York Times
Palantir Technologies’ mystery inflates its valuation. The firm, a private data analytics company backed and beloved by government intelligence, israising $500 million in fresh cash, giving it a potential valuation of $20 billion and landing it fairly high on the list of so-called unicorns.
Going public may not be an option for Palantir because of its clients and culture. The result is a deepening enigma that may actually feed its potential value. A unicorn is a start-up technology company valued at more than $1 billion.
The company, led by its chief executive, Alex Karp, was worth a mere $9 billion at the end of 2013. Whether the $11 billion increase is warranted, like many things about the secretive company, is hard to judge…
Palantir Technologies Intrigues Investors Despite Its Mysteries
