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September 21, 2020 08:30 pm GMT

Following TechCrunch reporting, Palantir rapidly removes language allowing founders to unilaterally adjust their total voting power

Well, that was fast. This morning, I analyzed Palantirs newly published fifth amendment of its S-1 filing with the SEC as it pursues a public direct listing on the NYSE. I called the company not a democracy after it added new provisions to create a special mechanism called Stockholder Party Excluded Shares that would, in […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/dZxhqbRQYpc/

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