CIA Sells Google Shares
As is well known, the CIA funded satelite mapping company Keyhole before Google bought it, through its venture capital firm In-Q-Tel. Well, the CIA received stock in Google from Google’s aquisition of Keyhole, and it looks like they’ve decided to cash out. The CIA sold 5,636 shares worth over $2.2 million. I’m not entirely sure if this is the entire stake (if it is, they didn’t get enough).
(via Findory)
The CIA is not a for-profit venture. They’re not in it for the money, but the software. Since Keyhole works, and we can presume the CIA has access to a much better version, the CIA got exactly what it wanted.
Comment by Brock | November 15, 2005