Sprinter vansFor Palantir, a data analytics company that went public in September, Feb. 18 was “giraffe money” day. That was the first day that current and former employees could cash out all of their shares after the company went public. In a Slack channel for former employees called Giraffe Money — an apparent reference to wealth that can support casual giraffe ownership — many anticipated their windfalls by sharing links, mostly in jest, to absurdly expensive home listings and boats, one former employee said. But in reality, techies are spending in very different ways. Instead of round-the-world travel, they are piling into Sprinter vans, the pandemic vacation essential.

Source: New York Times March 08, 2021 07:52 UTC