Palantir Technologies: A Valuation Factoid
July 5, 2016
I read “Palantir Buyback Plan Shows Need for New Silicon Valley Pay System.” (You may have to view this write up. Don’t email me. I don’t think about “real” journalists.) Tucked into the somewhat humorous write up was a factoid. I want to capture it because “real” reporters and “real” information can be tough to track down using an online search system.
Here’s the factoid:
It [Palantir] is offering $7.40 a share to buy back up to 12.5 percent of an employee’s shares…Morgan Stanley recently marked down the value of Palantir’s shares to $5.92.
That $1.48 just hangs there. Too bad the write up did not answer this question:
What were the valuations Morgan Stanley assigned when Palantir Technologies had a valuation of $20 billion. I assume that rainbows, unicorns, and other “real” artifacts, one must assume that Palantir is zipping right along the information superhighway.
Stephen E Arnold, July 5, 2016