Re:Luminar to go public in $3.4B merger
by edoceo on Tuesday August 25, 2020 @12:10AM
(#24268075)
Good news for Peter T, could this be a way for his funds to test the water before palantir?
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This makes no sense. The fellowship doesn’t take equity. And its not like he has control over what Luminar does. Also, Luminar went public through a SPAC and Palantir is going to be a Direct Listing so one doing well wouldn’t say anything about the investor appetite for the other
The SPAC poured $400m and there is another $170m PIPE, which also includes Peter Thiel [1]
Peter Thiel was a current investor in Luminar [2]
[1] https://uk.mobile.reuters.com/article/amp/idUKKBN25K1BX
[2] https://www.crunchbase.com/organization/luminar-technologies...