Peter Thiel enjoys $278m payday after Palantir floats

Silicon Valley tycoon Peter Thiel has landed a $278m (£214m) payday by selling shares in his data mining company Palantir in the first two days after its stock market float. Mr Thiel - a former PayPal boss, early Facebook investor and an outspoken supporter of Donald Trump - sold around 27.4m shares last Wednesday and Thursday, filings have revealed. Most cash from the sales went to Mr Thiel personally although some money was netted by two venture capital funds that he helps run, Founders