24 July 2016 | Yep, They All Hate Big Government

In 2004, Thiel was one of the five co-founders of Palantir Technologies, an innovator in data analysis that has grown into one of the most respected and valuable corporations in its field, with such heavyweight clients as the Pentagon, the FBI, the NSA, and the CIA (indeed, the intelligence agency's venture capital arm, In-Q-Tel, reportedly invested $2 million to start Palantir, and much of its success, ironically for the libertarian Thiel, has derived from its patronage by government). After several rounds of financing, Thiel remains the largest shareholder of the privately held Palantir, which was valued last year at $20 billion — making it the third most valuable tech startup in the U.S., behind Uber and AirBnB.

Just about everybody who bitches about Big Government always seems to have a nice contract, investment or some other financial help just right under the surface.

By the way, for bib-dribbles who drone on and on about the Clinton Global Initiative, skip to the last three paragraphs. (Even though these types of facts rarely matter.)

Source: How Peter Thiel's Premier Data-Mining Firm Validated Clinton Global Initiative

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