Will Peter Thiel's Palantir Technologies Be the Best IPO of 2017?

 

Buzzfeed News reports that Palantir Technologies is raising $ million on a valuation of $20 billion, making it the third-largest startup in America. “Its worth is .

But its steady lobbying efforts and brazen tactics to line up politically powerful allies, much like the methods that traditional defense contractors employ, have paid off with an enviable number of government contracts in recent years. You track and stabilize projects, remove roadblocks, and anticipate customer needs to free up our engineers to focus their time and attention on the technical problems they are best equipped to solve.

COLLECTIONS

Palantir won its lawsuit against the Army, arguing that the service’s contracting processes for a new battlefield intelligence system closed the door to commercial off-the-shelf options — like the one developed by Palantir — that .

Our software has been used to stop terrorist attacks, discover new medicines, gain an edge in global financial markets, and more. If these types of projects excite you, we'd love for you to join us. You are responsible for crafting, implementing and executing processes to streamline workflows and reduce friction.

You track and stabilize projects, remove roadblocks, and anticipate customer needs to free up our engineers to focus their time and attention on the technical problems they are best equipped to solve. This position requires a combination of project management, process optimization, and execution skills.

You are a person who loves fixing problems and always embraces the best idea, even when it is not your own. Core Responsibilities Work on many different types of problems and challenges. You might be supporting a deployment at a large, global customer one day, and jetting off across the world to help out with a new pilot project the next.

Be the first responders when things go wrong. Craft and implement process to reduce friction and enable all team members to spend their time on what they do best. Think creatively, work collaboratively, and do whatever it takes to get the job done. That's an unusually high number of people from one company to have such daily contact with the Pentagon leader, some analysts say.

It also represents a sharp rise in prominence for the company, which just months ago could barely get a meeting in the Pentagon. Last year, Palantir even had to go to court to force its way into a competition for a lucrative Army contract. He has since acted as a key adviser arranging meetings among the president and other tech executives. While there's no evidence he had a direct hand in these specific Pentagon hires, analysts say they absolutely show his growing influence in the administration, where he holds no formal role.

It adds that the individuals in question don't make decisions about what the military might buy and, therefore, can't give a preference to purchasing Palantir products. Their job descriptions, however, show an extraordinarily close proximity to Mattis. But its steady lobbying efforts and brazen tactics to line up politically powerful allies, much like the methods that traditional defense contractors employ, have paid off with an enviable number of government contracts in recent years.

The Palantir alumni around Mattis are his deputy chief of staff, Anthony DeMartino; senior adviser Sally Donnelly; and Justin Mikolay, a special assistant in the secretary's front office. Palantir did not respond to multiple requests for specifics about what DeMartino or the other staff did at the company, or when they worked there. DeMartino previously served in the Army, including a tour at the Defense Intelligence Agency, according to a source who served with both him and Mikolay.