Startup Founders to Watch in 2014
Dr. Alex Karp | Palantir
Why he’s important: Pay Pal’s old anti-fraud strategy has metamorphosed into one of the biggest players in the burgeoning “big data” industry. This week, the company closed a funding round pegging its value at $9 billion. It also received $107.8 million in new funding.
Watch for: More hiring (employee ranks have grown to 1,200 from 700 a year ago), lucrative partnerships with pharmaceutical and investment companies, and
IPO rumors. Palantir has yet to turn profitable.