CA was not spun out of Cambridge University. There's even a statement from the university about this: https://www.cam.ac.uk/notices/news/statement-from-the-univ

CA was not spun out of Cambridge University. There's even a statement from the university about this: https://www.cam.ac.uk/notices/news/statement-from-the-university-of-cambridge-about-dr-aleksandr-kogan https://www.cam.ac.uk/notices/news/statement-from-the-univer... > Cambridge Analytica has no connection or association with the University of Cambridge whatsoever.