Palantir targeting 3 class voting structure according to leaked S-1, giving founders 49.999999% control in perpetuity
https://techcrunch.com/2020/08/21/palantir-three-class-voting/
We are continuing to make progress through Palantir’s leaked S-1 filing, which TechCrunch attained a copy of recently. We have covered the company’s financials this morning, and this afternoon we talked about the company’s customer concentration. Now I want to talk a bit about its ownership and stock valuation.
First, let’s talk about ownership. Having read through our leaked copy of the S-1 the past few hours, I can only summarize the situation as: wow, this is a really complicated ownership structure.