“There’s a difference between U.S. military and surveillance,” he said at the summit. “Despite what everyone thinks, Palantir is the anti-surveillance company,” he said, pushing back on claims that the company named after an all-seeing surveillance device from Lord of the Rings is fundamentally about surveillance. Every technical expert knows this to be the case but the proverbial “person online” simply has the wrong idea, Karp argued, “so I end up in every conversation that I don’t want to be in.”
The amount of money Palantir cofounder and chairman Peter Thiel made after selling about 2 million shares. He still holds about 68.9 million shares through LLCs he controls, and the value is about $10 billion, Fortune’s Amanda Gerut discovered in the bowels of the SEC.
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