Palantir: The most important tech company you’ve never heard of

This Silicon Valley unknown is going public - but might already be running the world

The stars of Silicon Valley pride themselves on being socially maladjusted geniuses and Alex Karp is surely one of their biggest dorks. The CEO of Palantir, a shadowy global business now going public, keeps a cabinet in his office that has 20 pairs of identical swimming goggles, according to an old Forbes profile. He’s a 52-year-old bachelor who can solve a Rubik’s cube in under three minutes and has practised aikido and jujitsu, putting colleagues into martial arts holds in the corridors of his Palo Alto empire. He lectures his staff on Marxism, greed and integrity (more on these two later) on an internal video channel called KarpTube. His company culture appears to be like Facebook and Google – there’s Lego, Nerf guns and a conference room converted into a plastic ball pit.

But beneath the eccentric facade, the young T-shirted grads of Palantir don’t sell raw water or expensive juicers or blood testing equipment that doesn’t work. What they make is software that will allow you to track down and murder your enemies. “Our product is used, on occasion, to kill people,” Karp told Axios on HBO. When asked by an interviewer if this meant targeting people with drone strikes, he said, “Targeting of all kinds. If you are looking for a terrorist in the world now you’re probably using our government product. And you’re probably doing the operation that actually takes out the person in another product we built.”

Palantir, which was co-founded in 2003 by Peter Thiel, the billionaire entrepreneur who invested in Facebook and funded a lawsuit that bankrupted the Gawker news website, is finally going public. It’s a move long-anticipated by Silicon Valley watchers and investors salivating over the company, which was recently valued at $41 billion.

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