The startup incubator Y Combinator quietly stopped working with billionaire VC Peter Thiel just a year after defending its partnership [The Business Insider]
Groupon, Inc. (GRPN)
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Source: The Business Insider
The startup incubator Y Combinator quietly stopped working with billionaire VC Peter Thiel just a year after defending its partnership Tristan Fewings / Getty 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
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News
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- Groupon (GRPN) Q4 Earnings Beat Estimates, Revenues Down Y/Y [Yahoo! Finance]Yahoo! Finance
- Groupon Reports Fourth Quarter & Full Year 2023 Results [Yahoo! Finance]Yahoo! Finance
GRPN
Earnings
- 11/9/23 - Miss
GRPN
Sec Filings
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- 4/15/24 - Form 8-K
- GRPN's page on the SEC website