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Palantir is "getting close" to a decision on whether to move the company out of California, CEO Alex Karp said in an interview for "Axios on HBO."

The state of play: "We haven't picked a place yet, but it's going to be closer to the East Coast than the West Coast. ... If I had to guess, I would guess something like Colorado."

The big picture: Karp blamed the "increasing intolerance and monoculture" of Silicon Valley. In recent years, employee action has pushed several large corporations, including Google, away from government contracts that staffers felt violated human rights.

Some of Karp's own staff were unhappy with Palantir signing a contract with Immigration and Customs Enforcement, he told "Axios on HBO."

  • "I've had my favorite employees yell at me," he said. "I've had some of my favorite employees leave."
  • "I had people protesting me. People protesting me, some of whom I think asked really legitimate questions. I've asked myself if I were younger, at college, would I be protesting me? And you know, it depends?"
  • "The most valid criticism that they have is, essentially, that if you are involved in anything, that one instance of injustice, does it tarnish all instances of justice?"

Between the lines: Palantir joins Elon Musk's Tesla as high-profile companies are publicly considering leaving California.

  • Karp works from a barn in New Hampshire.
  • "I've been distanced [from Silicon Valley] for the last 15 years. And so I'm used to being social distanced in the Valley. And now social distancing has become a way of life."
  • "I’m not worried about Elon leaving anytime soon," California Gov. Gavin Newsom said last week.
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Go deeper

Felix Salmon, author of Capital
Aug 27, 2020 - Economy & Business

A tale of two direct listings

Illustration: Lazaro Gamio/Axios

This was a big week for you, if you're a Facebook billionaire looking to take your money-losing post-Facebook company public by doing a direct listing of shares on the New York Stock Exchange.

Details: Asana was founded by Facebook co-founder Dustin Moskovitz in 2008; Palantir was founded by Facebook investor and board member Peter Thiel in 2003. Both companies released their full financials this week.

Ro Khanna accuses Biden of quitting Middle East

Rep. Ro Khanna. Photo: Cody Glenn/Sportsfile for Web Summit via Getty Images

An outspoken progressive Democrat is wary of President Biden’s approach to the Middle East, arguing it’s like “conceding defeat of the aspiration” to win a Nobel Peace Prize.

Why it matters: A number of members of Biden’s own party dislike his Middle East strategy, as his administration signals the region is no longer the priority it was for President Obama and his predecessors.

Democrats eye reconciliation for immigration

Photo: Chip Somodevilla/Getty Images

Comprehensive immigration reform is a pipe dream, but some Senate Democrats are hoping to tie key immigration provisions to the next big reconciliation push.

Why it matters: Immigration is one of the most controversial and partisan issues in U.S. politics, which is why the budget reconciliation process — which allows for bills to pass the Senate with a simple majority rather than the usual 60 votes — is so attractive.