Bulletins

AOC isn't happy about Palantir's listing

Rep. Ocasio-Cortez and Rep. Jesús "Chuy" García sent a letter to SEC Chairman Jay Clayton on Sept. 17, saying that Palantir ought to disclose information that presents "material risks" before listing.

Specifically, they highlighted questions around how large a stake In-Q-Tel, the CIA's VC arm, has in Palantir; the contracts it may have with foreign governments that could present "human rights risks"; its corporate governance structure; and data security.

"We respectfully request that the Commission consider gathering additional information from Palantir on the aforementioned matters before its public listing," they write.

The letter was disclosed to reporters just hours before Palantir is scheduled to list.

You can read the full letter below:

Letter to Chairman Clayton re Palantir Public listing[1].pdf

Shakeel Hashim

Shakeel Hashim ( @shakeelhashim) is a former growth manager at Protocol, based in London. He was previously an analyst at Finimize covering business and economics, and a digital journalist at News UK. His writing has appeared in The Economist and its book, Uncommon Knowledge.

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