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Our research team at Kähler Insights has been busy monitoring the torrent of IPO filings from top VC backed unicorns!
Palantir is in the Spotlight
Since the news of Palantir’s SEC filings broke there have been plenty of articles about the company. One interesting/provocative article that caught our attention was written by PitchBook’s Alexander Davis entitled ‘ Memo to Palantir: Be careful what you wish for’:
Filing papers for a proposed new stock listing can be a bit of a double-edged sword for private companies seeking to go public.
That is a risk that Palantir Technologies, the data-mining specialist whose co-founders include CEO Alex Karp and venture capitalist Peter Thiel, seems willing to embrace-with gusto.
Unveiling the all-important S-1 filing, which Palantir did last week, is a milestone marking a private company’s coming of age. Companies use these filings to signal to Wall Street they’ve arrived, presenting a valuable opportunity to tell a story of successes, aspirations and risks, especially to a wider audience of investors and potential new customers.
But some companies-like Google and WeWork-have famously seized that moment to go a bit further, making a singular declaration or statement of purpose to set themselves apart. Remember the credo “don’t be evil” that Google pledged in its 2004 IPO? It later would find itself mired in clashes over…
