Urgent.News

600+ sources. One page. See who else covered it.

Editions

Business

Garry Tan says turning down Peter Thiel's early offer to join Palantir was a $2-4 billion 'mistake'

Garry Tan said that he regrets passing on Peter Thiel's offer to be on Palantir's founding team. He stayed at Microsoft before eventually joining.

Garry Tan, CEO of Y Combinator, revealed that turning down an offer to join Palantir's founding team was a "$2-4 billion mistake." The offer came while Tan was at Microsoft, having passed up a role on Palantir's founding team. This decision was made to stay at Microsoft. Tan eventually joined Palantir as its 10th employee and now leads startup accelerator Y Combinator.

His decision to chase what appeared to be "hot" came at a significant cost, as Palantir has since grown into a "$420 billion company." Tan attributed his mistake to chasing hot trends instead of focusing on his own beliefs and goals.

Written by urgent.news from Business Insider's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.

Read the original at businessinsider.com →

More in Business