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, 2007

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