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Palintir is IPO'ing tomorrow.
I read part of the prospectus and it appears if one purchases the shares, they will never have real voting power because the CEO and a few others have actual control of the company.
I have been involved in this area for a number of years and Through the past many years, Palintir was always asking for more money. The opinion of my colleagues at the time was they were heavily bleeding cash.
I can only hope the company does well but with the lack of shareholder actual power I'm skeptical.
Here is what Palintir does: palantir.com
Article discussing lack of shareholder voice
Background info on the company
All SEC Filings for PLTR
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