Palantir Co-Founder Joe Lonsdale On Early Employee Stock Options: 'Now All My Friends Are Too Rich To Work' - Palantir Technologies (NASDAQ:PLTR)

Joe Lonsdale, co-founder of Palantir Technologies Inc. (NYSE:PLTR) , reflected on the company's employee equity strategy, saying early stock grants generated substantial wealth for the first team members.Equity-First Compensation ModelIn an interview released by Heartland Ventures last month, Lonsdale told host and founder, Max Brickman, that during early recruitment, he showed candidates equity value tables based on different company valuations.He explained that the company's equity-first compensation mode ...