Do we actually have any data on Palantir's hiring practices? Because my personal anecdata is that I have a friend working there and he's from a tier 2 school (University of Toronto, maybe even tier 3?).
I'm old enough now to know where you went to school doesn't correlate to who you are as a person and your level of intelligence (however you may wish to define the different types of intelligence). That and I've met way too many people from "Top Schools" who are just this side of morons, and too many people who have zero or little education who are quite intelligent/innovative/great "engineers"/etc. Still, it's all about that brand.
But yes, there is irony, maybe not as much as at first glance.
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From what I understand, Thiel is not super-involved in the day-to-day running of Palantir.
Just out of curiosity, what is it that you do that you need to know this?
Amazon, Microsoft, IBM, Oracle, etc... are all great places to work, but are definitely on the backup-list of the best college grads.
If we're talking about where college seniors want to work, it'd look more like a list of unicorn startups (Airbnb, Uber, and yes, Palantir) - reasoning is you actually get to build something instead of end up a cog in Google. But necessarily these places hire fewer college grads.
[1] https://www.paysa.com/company-rank#!companies=Google:::Airbn...
1: https://www.linkedin.com/vsearch/p?f_CC=20708&trk=rr_connect...