Meet Big Brother!


See on Scoop.itData Nerd’s Corner

How a self-described “deviant” philosopher turned Palantir into a terrorist tracking, all-seeing, multi-billion dollar data mining machine.

Carla Gentry CSPO‘s insight:

The bottom line: A CIA-funded firm run by an eccentric philosopher has become one of the most valuable private companies in tech, priced at between $5 billion and $8 billion in a round of funding the company is currently pursuing. Karp owns roughly a tenth of the firm–just less than its largest stakeholder, Peter Thiel, the PayPal and Facebook billionaire. (Other billionaire investors include Ken Langone and hedge fund titan Stanley Druckenmiller.) That puts Karp on course to become Silicon Valley’s latest billionaire–and Thiel could double his fortune–if the company goes public, a possibility Karp says Palantir is reluctantly considering

See on www.forbes.com

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