In other words, PG had the "knack" for sometimes encouraging the right weird thing. I'm not sure it's been the same since he handed off the reins, like any other formerly-founder-led company. Nowadays it really gives off the vibe of bean-counting and hype-chasing.
I don't think it's gotten quite as bad as this [0] article suggests, though.
My recollection was Thiel was injecting cash, a money deal. [0] There was another less advertised play. An established path for the Thiel “Boy Wonder Fellows”. [1]
“In addition to founding PayPal and Palantir and being the first investor in Facebook, Peter has been involved with many of the most important technology companies of the last 15 years, both personally and through Founders Fund, and the founders of those companies will generally tell you he has been their best source of strategic advice. He already works with a number of YC companies, and we’re very happy he’ll be working with more.”
Guess who was involved in the Thiel / YC deal? [2] You are not the only one seeing this as a reputation hit for YC. [3] Even I, disconnected across the other side of the world could see this as an issue.
[0] https://www.inc.com/business-insider/peter-thiel-is-joining-...
[1] https://boingboing.net/2016/08/25/peter-thiel-y-combinator-f...
[2] https://www.ycombinator.com/blog/welcome-peter/
[3] https://qz.com/810778/y-combinator-has-no-problem-with-partn...
