Nov. 23 at 1:29 PM
$PLTR @Akisawada tired of lazy cockroaches. Straight off its website : Mr. Karp is one of our co-founders and has served in various positions with us since co-founding Palantir. He has served as our Chief Executive Officer since 2005, and has served as a member of our Board of Directors since 2003. From Wikipedia : it was founded in 2003 by Peter Thiel, Stephen Cohen, Joe Lonsdale, Alex Karp, and Nathan Gettings. Three founders ( Thiel, Karp and Cohen) have Founders shares which gives them control of nearly half of all voting power in the company, based on their Class F ( Founders shares) stock ownership alone. The three founders hold 335,000 shares of Class F common stock each. These FS shares not only provide voting rights preserving the founders direction of the company and corporate structure but protect a company from a hostile takeover attempts. The sold shares are common stock (not FS) required by the SEC for tax purposes.
