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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 casual prospectus All SEC Filings for PLTR | ||||||||||||||
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