Why Palantir CEO Karp has changed his mind about going public

By October 27, 2016Uncategorized
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SILICON VALLEY — Alex Karp, who until now has resisted the idea of taking Palantir Technologies public, apparently has had a change of heart.

“We are now positioned so we could go public,” the CEO of the Palo Alto-based Big Data analytics unicorn told the crowd at a Wall Street Journal tech conference on Wednesday. “The aggregate business will be profitable next year.”

That comment runs counter to what Karp and others from his company have said in the past about Palantir as its private valuation…