Another Silicon Valley Unicorn Says It Might Exit Bay Area
"We're thinking about that, don't have an answer yet. But it's not certain we'll stay," Karp said.
Valued at about $20B in its last fundraising round, Palantir has its global headquarters in the company's hometown of Palo Alto, California, at least for the time being. The software company employs about 2,500 people, according to PitchBook.
Palantir, which was co-founded by entrepreneur and venture capitalist Peter Thiel, follows other high-profile companies potentially leaving — or already having left — the Bay Area. Musk, a PayPal co-founder, said this month he wanted to take Tesla's out of Silicon Valley over manufacturing restrictions affecting its factory in Fremont.
Karp, though, said he is more disappointed with Silicon Valley's "monoculture," citing backlash Palantir has faced for its work with the U.S. Immigration and Customs Enforcement.
As for potential destination locations, Karp "would guess something like Colorado," he said. "But we haven't decided."
Palantir did not respond to a request for comment.