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Palantir blocked China’s CDH Investments from buying stock, says a lawsuit

116 pointsby pratap103about 8 years ago

8 comments

jacquesmabout 8 years ago
There is something very much not right about a shareholder of a company like Palantir trying to sell their stake to a Chinese shareholder. That would give the Chinese fractional ownership of all the software and data that Palantir holds and processes, not much good could come of that.
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dude01about 8 years ago
tldr: Investor lawsuit with private company Palantir. Title is misleading. Not very interesting article.
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baneabout 8 years ago
It's almost like the company is allergic to receiving external market validation of its claimed valuation. They're happy to hold internal company "liquidation events" where employees can sell to employees, and take on massive yearly fund raising events to hush hush funds, but they never seem to want to let on in any public way what they're actually worth on the real market.
saycheeseabout 8 years ago
At the point a single venture is worth billions, they should be required to disclose their core financials, stockholders, holders, risks, etc.
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clevernapkinsabout 8 years ago
I'm confused. Seems like they have been trying to sell shares directly to parties in order to use their preferred agreements in regards to financial disclosures and annual reports? Yet if they're looking into an IPO they would be obliged to do that exact thing right?
hendzenabout 8 years ago
If you resist going public for over a decade despite doing billions in revenue you are going to have investors who are upset about their inability to cash out.
mhneuabout 8 years ago
In terms of Palantir&#x27;s activities and impact on society: Palantir is selling out to authoritarians. Not a company we should be very proud of.<p><a href="http:&#x2F;&#x2F;www.ibtimes.com&#x2F;trump-adviser-peter-thiels-palantir-technologies-aid-ice-immigration-raids-using-2501431" rel="nofollow">http:&#x2F;&#x2F;www.ibtimes.com&#x2F;trump-adviser-peter-thiels-palantir-t...</a><p>Trump Adviser Peter Thiel&#x27;s Palantir Technologies To Aid ICE In Immigration Raids Using Surveillance And Data Analysis
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raverbashingabout 8 years ago
The naivety that only western countries with stable histories can afford<p>Or maybe just a throwaway created by a part interested in the transaction
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