The startup incubator Y Combinator quietly stopped working with billionaire VC Peter Thiel

Share:

Peter Thiel, a powerful tech investor who was an early and vocal supporter of President Donald Trump, is no longer working with the startup incubator Y Combinator.

Thiel, who is an influential but contentious figure in the tech community, started as a part-time advisor with Y Combinator in 2015. His departure was announced without much to-do through an updated blog post on the Y Combinator website that said simply: “Peter Thiel is no longer affiliated with Y Combinator.”

The change was first noticed and brought to light on Thursday in a tweet by Gab  – a social network popular with members of the “alt-right.” In late 2016, Gab’s founder  Andrew Torba  was kicked out of Y Combinator’s program for violating the accelerator’s harassment policy.  The story was  first reported on BuzzFeed .

It’s not clear why Thiel and Y Combinator have ended their relationship. Representatives for Thiel and Y Combinator did not respond to a requests for comment.

[contentcards url=”http://www.businessinsider.in/The-startup-incubator-Y-Combinator-quietly-stopped-working-with-billionaire-VC-Peter-Thiel-just-a-year-after-defending-its-partnership/articleshow/61696554.cms” target=”_blank”]
Share:
No Comments Yet

Leave a Reply

2021 © True Pundit. All rights reserved.