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The story behind the story

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Palantir lists Denver as its headquarters on its website, after Alex Karp said in a May interview that Palantir was considering moving out of Silicon Valley

but the compounding effect will be massive & is impossible for us to quantify today. https://www.cnbc.com/... Dare Obasanjo / @carnage4life : The exodus from the Bay Area is another inevitable trend accelerated by #COVID19. Now that's quite clear after 6 months of WFH that tech companies can remain productive in this mode, living & working in the most expensive cities in the world makes no sense https://www.cnbc.com/... Shai Goldman / @shaig : Yes!!! Pre Palantir/Facebook taking over , PA was a buzzzing startup hub, hopefully that can come back https://twitter.com/...

Denver Business Journal Ed Sealover

Discussion

  • @mdudas Mike Dudas on x
    Good news: 80% of commercial real estate in downtown Palo Alto just came onto the market https://www.cnbc.com/...
  • @jason @jason on x
    It's the end of California exceptionalism “Taxation without expectation” is killing the dream Tesla, Palantir, Twitter, Square... and some other very, very big names in finance and tech are saying bye/partial goodbyes 👋 Meanwhile, more taxes!! https://twitter.com/...
  • @kfury Kevin Fox on x
    They need more young blood. https://twitter.com/...
  • @anand_murthy Anand Murthy on x
    Silicon Valley exodus continues. A massive $15 -20 billion dollar IPO impending that inevitably will sky rocket. The amount of CA tax revenue the state will lose out on examples like this is scary https://www.cnbc.com/...
  • @kantrowitz Alex Kantrowitz on x
    Silicon Mountain is here https://twitter.com/...
  • @xamat Xavier Amatriain on x
    Palantir will definitely not be missed in the Valley. Even someone from a hedge fund in NY was recently using it as an example of a company nobody wants to be like https://www.cnbc.com/...
  • @ross Ross Mayfield on x
    Good news for Palo Alto! Palantir headquarters moves from Silicon Valley to Colorado https://www.cnbc.com/...
  • @denbizjournal Denver Biz on x
    The company, which has drawn protests because of controversial work, had recently discussed the potential of a move to Colorado.​ https://www.bizjournals.com/ ...
  • @andrew__reed Andrew Reed on x
    I so closely associate Palantir with Downtown Palo Alto real estate I legit thought this meant Colorado Ave when I first read it https://www.cnbc.com/...
  • @jmj Jeff Morris Jr on x
    We are seeing the “unbundling of Silicon Valley” happening with a new headline every single day. The articles are easy to dismiss as single instances — but the compounding effect will be massive & is impossible for us to quantify today. https://www.cnbc.com/...
  • @carnage4life Dare Obasanjo on x
    The exodus from the Bay Area is another inevitable trend accelerated by #COVID19. Now that's quite clear after 6 months of WFH that tech companies can remain productive in this mode, living & working in the most expensive cities in the world makes no sense https://www.cnbc.com/..…
  • @shaig Shai Goldman on x
    Yes!!! Pre Palantir/Facebook taking over , PA was a buzzzing startup hub, hopefully that can come back https://twitter.com/...