Investment bank Morgan Stanley stands to make big bucks if Palantir, the Peter Thiel-backed data mining startup based in Palo Alto, finally goes public, according to Bloomberg. The publication reported Wednesday: Palantir, now 14 years old, is one of the Valley’s highest-valued unicorn startups, with a valuation of $20 billion. Thiel’s stake alone is worth an estimated $8 billion. The company’s other co-founders are CEO Alex Karp, Stephen Cohen and Joe Lonsdale. The company expects to…
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The Funded: Morgan Stanley may be banking on Palantir IPO for big haul
