Growth for the sake of growth is the ideology of the cancer cell. Edward Abbey

07 January 2009

Facebook and the CIA

"...let’s have a look at who invested money in Facebook and who could have a say in how that information is used. The first bit of venture capital, $500 000, came from Peter Thiel, previously founder and CEO of PayPal. Peter Thiel is now involved in Vanguard PAC, an American ultra-conservative organisation.

Then Accel Partners gave Facebook $12,8-million in venture capital in May 2005. Accel’s manager and Facebook board member James Breyer previously served on the board of NVCA with Gilman Louie, CEO of In-Q-Tel. To get an idea of what In-Q-Tel is about, check the copy on its “Our aim” page, which states the following:

“Launched by the CIA in 1999 as a private, independent,
not-for-profit organisation, IQT was created to bridge the
gap between the technology needs of the Intelligence
Community and new advances in commercial technology.”

by Anja Merret in techleader.co.za, 2007

No comments:

Post a Comment