Peter Thiel, YC, and hard decisions
There is clear precedent for YC taking a political stand by uninviting investors.Only five years ago, Paul Graham was willing to uninvite investors from Demo Day based on their support for the Stop Online Piracy Act (SOPA). https://techcrunch.com/2011/12/22/paul-graham-sopa-supportin...Paul asked, "If these companies are so clueless about technology that they think SOPA is a good idea, how could they be good investors?"The obvious answer to that question would be, "their track record as investors could demonstrate that." But no, in 2011, if you supported SOPA, you're out, regardless of your track record.I think it's fair to ask whether, if Peter Thiel is so clueless as to donate $1.25 million to Donald Trump today, after so much of his dirty laundry has come to light and after this has been reflected in the polls, how could he be a good investor?If it was the right decision for SOPA, it's right decision today.