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Sunday, 06/02/2019 4:37:11 AM

Sunday, June 02, 2019 4:37:11 AM

Post# of 67707
>>>> One of the most highly anticipated initial public offerings of 2019 is turning into the most highly anticipated IPO of 2020.

Palantir, the 15-year-old data startup run by CEO Alex Karp, is unlikely to go public in 2019 despite earlier comments from the company, according to Bloomberg.

The startup, which sells secretive data-analytics tools to clients like the US government, grew its revenue by 40% last year up to about $1 billion and has about $30 million in losses, according to the report, which cited anonymous sources.

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