Y Combinator cuts ties with Peter Thiel

Silicon Valley startup accelerator Y Combinator has cut ties with Peter Thiel, BuzzFeed reported. 

The billionaire PayPal founder joined the accelerator as a part-time partner in 2015. Since then, he’s become better-known outside the tech world for funding the lawsuit that took down Gawker and for his support of Donald Trump. 

Back in 2015, Y Combinator president Sam Altman said he was “delighted” to welcome Thiel and that he was “confident that Peter joining will be great for YC.” The blog post announcing Thiel’s start at Y Combinator now bears an editor’s note that says, “Peter Thiel is no longer affiliated with Y Combinator.”  Read more…

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Source: Mashable | Y Combinator cuts ties with Peter Thiel