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Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?

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Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?

2

New York City women are making up to $30,000 per month by renting out their closets to strangers

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A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk's reply: 'I am actually going to do something along these lines'

A man who takes 6 months of parental leave ‘is a loser’, says Palantir founder and Thiel associate Joe Lonsdale

By
Lizette Chapman
Lizette Chapman
and
Bloomberg
Bloomberg
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By
Lizette Chapman
Lizette Chapman
and
Bloomberg
Bloomberg
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October 28, 2021, 12:03 AM ET
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Joe Lonsdale, a founder of Palantir Technologies Inc. and a prolific venture capitalist, stoked a debate on Twitter about parental leave, saying any prominent man who takes six months off with his newborn is “a loser.”

The comment was made in response to a tweet about Pete Buttigieg, the U.S. Transportation secretary who took time off to care for his child, and criticism from the podcast personality Joe Rogan.

Wow. Great for fathers to spend time w their kids and support moms, but any man in an important position who takes 6 months of leave for a newborn is a loser.

In the old days men had babies and worked harder to provide for their future – that’s the correct masculine response.

— Joe Lonsdale (@JTLonsdale) October 27, 2021

Among the many responses to Lonsdale’s post Wednesday, the founders of another venture capital firm, Initialized, offered a rebuke. Alexis Ohanian and Garry Tan defended their parental policy, which is four months. Tan said he took the leave and hoped his employees would follow suit.

A father of three, Lonsdale is a regular critic of “woke” politics. He is a longtime associate of Peter Thiel, the powerful conservative billionaire. Lonsdale’s venture investments include Flexport Inc., Joby Aviation Inc. and Oculus, which was acquired by Facebook Inc. He also runs an advocacy group with his wife called the Cicero Institute, which focuses on criminal justice, health care and other causes.

Last year, Lonsdale decamped from Silicon Valley to Austin, Texas, because he disagreed with San Francisco city leaders and was attracted to the more liberal gun laws and absence of personal income taxes in the state. (Austin is, of course, not the most conservative place in Texas.)

Despite his reputation, the response to Lonsdale’s message Wednesday was unusually strong and mostly negative. Later on Twitter, he said using the word loser was “uncalled for,” but he doubled down on the importance of maintaining traditional gender roles.

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