Soros Regrets Early Investment in Peter Thiel’s Palantir
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Soros Fund Management, which revealed that it owned 18.46 million shares of Palantir Technologies Inc., said it made the investment in the data-mining company in 2012 and wouldn’t do the same again today.
“SFM made this investment at a time when the negative social consequences of big data were less understood,” the firm said in a statement Tuesday. “SFM would not make an investment in Palantir today.”