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But is there a conflict of interest here? YC isn't exactly a bank, you realize. It wouldn't make sense for them to have to manage CoIs, as far as I can tell. An

But is there a conflict of interest here? YC isn't exactly a bank, you realize. It wouldn't make sense for them to have to manage CoIs, as far as I can tell. And firing Thiel like dhh is describing in his tweets seems fairly illegal to me (tho IANAL).

kchoudhu 10y ago
"We deploy our own and other peoples' money to make broad spectrum investments in the technology industry." I could see both Goldman Sachs and YC operating under this mission statement. As much as PG wants him to be, Thiel isn't an employee. He's a partner in a partnership, and partnerships have been dissolved for worse reasons than "offending partner is an opportunistic bigot".