☮ ♥ ♬ 🧑💻<p>“I’m delighted to announce <a href="https://ioc.exchange/tags/PeterThiel" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PeterThiel</span></a> is joining <a href="https://ioc.exchange/tags/YC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>YC</span></a> as one of the (now 10!) part-time partners. </p><p>In addition to founding <a href="https://ioc.exchange/tags/PayPal" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PayPal</span></a> and <a href="https://ioc.exchange/tags/Palantir" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Palantir</span></a> and being the first investor in <a href="https://ioc.exchange/tags/Facebook" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Facebook</span></a>, Peter has been involved with many of the most important <a href="https://ioc.exchange/tags/technology" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>technology</span></a> companies of the last 15 years, both personally and through <a href="https://ioc.exchange/tags/FoundersFund" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FoundersFund</span></a>, and the founders of those companies will generally tell you he has been their best source of <a href="https://ioc.exchange/tags/strategic" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>strategic</span></a> <a href="https://ioc.exchange/tags/advice" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>advice</span></a>.” — Sam Altman, 2015. </p><p>Compare the sign on blog post (Altman) to the tweet (pg as shown). </p><p>When you take capital from <a href="https://ioc.exchange/tags/Thiel" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Thiel</span></a>, then only realise a decade later it wasn’t a good idea. At the time when this was announced I thought, “Oh shit <a href="https://ioc.exchange/tags/PG" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PG</span></a>, don’t do it”. Then history. </p><p>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. </p><p><a href="https://ioc.exchange/tags/Startups" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Startups</span></a> / <a href="https://ioc.exchange/tags/YCombinator" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>YCombinator</span></a> / <a href="https://ioc.exchange/tags/pg" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>pg</span></a> / <a href="https://ioc.exchange/tags/SamAltman" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SamAltman</span></a> / <a href="https://ioc.exchange/tags/BloodMoney" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BloodMoney</span></a> / <a href="https://ioc.exchange/tags/tech" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tech</span></a> / <a href="https://ioc.exchange/tags/technology" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>technology</span></a> / <a href="https://ioc.exchange/tags/merica" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>merica</span></a> <<a href="https://www.ycombinator.com/blog/welcome-peter/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">ycombinator.com/blog/welcome-p</span><span class="invisible">eter/</span></a>></p>