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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.

California wildfire explodes in size, destroys historic town

Battalion Chief Sergio Mora looks on as the Dixie fire burns through downtown Greenville, Calif. on Aug. 4, 2021. Photo: Josh EdelsonAFP via Getty Images

The small Sierra town of Greenville, California, was heavily damaged on Wednesday night into early Thursday as the Dixie Fire surged northward amid high winds, extremely dry air and hot temperatures.

The latest: The Dixie Fire, California's biggest blaze, continued to threaten communities in Plumas County into Thursday night, as more mandatory evacuation orders were issued in the region.

Updated 3 hours ago - Politics & Policy

Top labor leader Richard Trumka dies unexpectedly at 72

Photo: Samuel Corum/Getty Images

AFL-CIO president Richard Trumka, who led the largest federation of unions in the country for over a decade, has died at 72.

The big picture: Trumka began working as a coal miner in 1968 and would go on to dedicate his life to the labor movement, including as president of the 12.5 million-member AFL-CIO beginning in 2009.