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#foundersfund

2 posts2 participants0 posts today

“I’m delighted to announce #PeterThiel is joining #YC as one of the (now 10!) part-time partners.

In addition to founding #PayPal and #Palantir and being the first investor in #Facebook, Peter has been involved with many of the most important #technology companies of the last 15 years, both personally and through #FoundersFund, and the founders of those companies will generally tell you he has been their best source of #strategic #advice.” — Sam Altman, 2015.

Compare the sign on blog post (Altman) to the tweet (pg as shown).

When you take capital from #Thiel, then only realise a decade later it wasn’t a good idea. At the time when this was announced I thought, “Oh shit #PG, don’t do it”. Then history.

It’s the lure of capital. You get covered in the deeds of these shitty founders (Thiel) and you have to back track, knowing it was blood money.

#Startups / #YCombinator / #pg / #SamAltman / #BloodMoney / #tech / #technology / #merica <ycombinator.com/blog/welcome-p>

🚨Index of 68 Weapons Startups🚨 This document illustrates the venture capital military and weapons build-out. Andreessen Horowitz, Founders Fund (Peter Thiel’s VC firm) and YCombinator are the biggest drivers of the industry’s new era of militarization. They are working to move weapons production from existing primes – Lockheed Martin, Raytheon, etc. – into venture capital-backed startups. This transition is accelerated by Trump’s election as venture capital weapons executives move to take control. https://www.vcinfodocs.com/weapons-startups #WhiteHouseCoup #LockheedMartin #Anduril #YCombinator #Raytheon #AndreessenHorowitz #a16z #FoundersFund
Continued thread

#Thiel embraced #Trump in 2016, speaking at the Republican National Convention, donating $1.25 million to support the campaign & even working alongside #SteveBannon on Trump’s transition team. 2 of his associates came along: #TraeStephens, who worked at his venture firm, #FoundersFund, & #BlakeMasters, COO of #ThielCapital, who would later run for the US #Senate. Another #PayPal & Stanford Review alum, #KenHowery, served as Trump’s ambassador to Sweden.