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5 Things to Know About Palantir's Upcoming IPO

5 Things to Know About Palantir's Upcoming IPO

Palantir Technologies, the data-mining firm that serves the U.S. government and large enterprise clients, plans to go public in late September. Palantir was co-founded by Peter Thiel, the Silicon Valley billionaire who previously co-founded PayPal, along with Thiel's Stanford classmate Alex Karp and three other investors. Thiel is currently the company's chairman and Karp is its CEO.