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November 17, 2017 10:00 pm

Y Combinator Cuts Ties With Peter Thiel After Ending Part-Time Partner Program

An anonymous reader shares a report: Billionaire venture capitalist and Facebook board member Peter Thiel is no longer affiliated with startup accelerator Y Combinator, according to an edited company blog post. Thiel was formerly a part-time partner with the accelerator. BuzzFeed News confirmed his departure with a source familiar with Y Combinator's management structure. Thiel's departure from Y Combinator was not previously announced. It comes long after Y Combinator president Sam Altman defended Thiel's role at the accelerator, following criticism of Thiel's support of then-presidential candidate Donald Trump. A source close to Y Combinator said that the company ended its part-time partners program, which Thiel was a part of, some time last year. While some other part-time partners moved over to a program called "experts," which provides advice to Y Combinator entrepreneurs, Thiel did not join.

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Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/-lAMbBZ6c4g/y-combinator-cuts-ties-with-peter-thiel-after-ending-part-time-partner-program

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