The data mining company co-founded by Peter Thiel has engaged Morgan Stanley and Credit Suisse to potentially join a star studded cast (Uber, Lyft) of 2019 IPOs. Palantir was last valued at $20bn in its 2015 funding round.
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Palantir Weighs IPO Valued at as Much as $41 Billion, WSJ Says
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Morgan Stanley has earned about $60 million in fees arranging private funding for 14-year-old Palantir, Bloomberg reported last month. That haul might double if Morgan Stanley handles its IPO.
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