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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.

Bipartisan group of senators seeks coronavirus stimulus deal

Sens. Joe Manchin (D-W.V.) and Susan Collins (R-Maine). Photo: Drew Angerer/Getty Images

At least eight Republican and Democratic senators have formed an informal working group aimed at securing new coronavirus spending during the lame-duck session, a move favored by President-elect Biden, two sources familiar with the group tell Axios.

Why it matters: It may be the most significant bipartisan step toward COVID relief in months.

FCC chairman to depart in January

FCC Chairman Ajit Pai. Photo: Alex Wong/Getty Images

Ajit Pai will leave his post as chairman of the Federal Communications Commission on Jan. 20, the agency said today.

Why it matters: Pai's Inauguration Day departure is in keeping with agency tradition, and could set up the Biden administration with a 2-1 Democratic majority at the FCC if the Senate fails to confirm another Trump nominee during the lame-duck period.