• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
TechU.S. Presidential Election

‘Founder mode’ startup guru Paul Graham explains why he’s not backing Trump: ‘He ran the White House like a mob boss’

Christiaan Hetzner
By
Christiaan Hetzner
Christiaan Hetzner
Senior Reporter
Down Arrow Button Icon
Christiaan Hetzner
By
Christiaan Hetzner
Christiaan Hetzner
Senior Reporter
Down Arrow Button Icon
October 30, 2024, 9:00 AM ET
Paul Graham, co-founder of famed startup accelerator Y Combinator
Paul Graham, cofounder of famed startup accelerator Y Combinator, believes "Trump is a crook."David Paul Morris—Bloomberg/Getty Images

Paul Graham, the man behind famed startup accelerator Y Combinator, has urged American voters to reject Donald Trump at the ballot box next week.

Recommended Video

The former president appears to have the momentum going into Tuesday, with betting markets like Polymarket and Kalshi predicting a crushing electoral college victory thanks to a possible sweep of U.S. battleground states. Shares in Trump Media and Technology Group have returned to their March 2024 highs as meme stock traders price in an impending defeat of opponent Kamala Harris. 

Arguing on Tuesday this contest ultimately came down to character, Graham claimed Trump was manifestly unsuited to serve as the president and commander-in-chief—and not just because of his attempt to overturn the 2020 vote on Jan. 6, 2021. In his view, Trump proved time and again while in office that he didn’t understand what it takes to manage the highest office in the land.

“He ran the White House like a mob boss, choosing subordinates for loyalty rather than ability. No one knows that better than the people who worked for him,” wrote Graham, who recently elicited a storm of debate over his essay praising companies that operate in “founder mode.”

Half of Trump’s cabinet appointees disavow their former boss

Former administration advisors like John Kelly, Trump’s longest-serving chief of staff, and Mark Milley, former chairman of the joint chiefs, have both denounced the real estate mogul as the textbook definition of a fascist.  

Mark Esper, defense secretary under Trump, deemed him “unfit for office” while the latter’s attorney general, Bill Barr, called his ex-boss a “consummate narcissist” who repeatedly put his own interests over those of the country. 

If you haven't decided yet who to vote for, here's why I think you should vote for Harris. pic.twitter.com/ebBMbs1c7r

— Paul Graham (@paulg) October 29, 2024

“Almost half the cabinet-level appointees from his previous administration have refused to endorse him,” Graham added. “They’re warning us what he’s like.”

Trump won’t likely be all that bothered by someone like Graham, since he has gained the very vocal support of tech entrepreneur Elon Musk, the wealthiest tycoon on earth.

The Tesla CEO has played a key role in the race in terms of organizing voter mobilization, financing his campaign, as well as drafting policy proposals. A Wall Street Journal investigation even found that he’s feeding social media users on X content designed to rally support for Trump…whether they like it or not.

Jan. 6 Capitol riot

Silicon Valley is playing easily its most visible role yet in an election, and in many ways has been more prominent than the usual Hollywood A-list celebrities who used to factor more heavily into a campaign’s PR strategy.  

A lot of attention has been focused on the so-called PayPal mafia—Musk, David Sacks, and Peter Thiel—who all spent formative years in apartheid-era South Africa before ending up working together at the digital payments startup over 20 years ago. Trump running mate JD Vance once worked for Thiel before entering politics.

But other luminaries from the tech startup scene have also thrown their weight behind Trump, including venture capitalist Marc Andreessen. He fears the Democrats are beholden to Big Tech companies less keen on driving innovation and more interested in squashing it to avoid being disrupted themselves. 

Graham—whose Y Combinator helped grow a host of successful startups including Airbnb, Coinbase, and Stripe—believes Trump disqualified himself entirely by attempting to bully Mike Pence into abusing his ceremonial function to overturn the vote during its certification on Jan. 6.

‘Trump is a crook’

When Pence refused to go along with the plan, an angry mob of Trump supporters stormed the Capitol, occupying the offices and even making off with the speaker’s lectern in what the ex-president recently characterized as a “day of love.”

“Trying to remain in power after losing an election is banana republic stuff,” Graham continued, arguing that conceding gracefully is a prerequisite of a healthy, functioning democracy. 

The YC cofounder has now staked out the middle ground, calling himself a moderate and recommending others back Kamala Harris. 

Yet his support could best be described as lukewarm, with Harris merely preferable to the only other alternative.

“Harris is a typical politician. But Trump is a crook,” Graham wrote in conclusion. “You can’t have that sort of person as president.” 

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Author
Christiaan Hetzner
By Christiaan HetznerSenior Reporter
Instagram iconLinkedIn iconTwitter icon

Christiaan Hetzner is a former writer for Fortune, where he covered Europe’s changing business landscape.

See full bioRight Arrow Button Icon

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Tech

NewslettersTerm Sheet
The rise and uncertain future of $29 billion AI coding startup Cursor
By Allie GarfinkleMarch 24, 2026
2 hours ago
Bill Powers smiles at the camera
AIInsurance
Exclusive: Cambridge Mobile Telematics secures $350 million from TPG, Allianz to make driving safer
By Lily Mae LazarusMarch 24, 2026
2 hours ago
Mark Zuckerberg, CEO of Meta.
NewslettersFortune Tech
The message Mark Zuckerberg is sending with his AI sidekick
By Matthew HeimerMarch 24, 2026
2 hours ago
homes
Real EstateHousing
Nearly three in five Americans think AI will push homeownership even further out of reach
By Jake AngeloMarch 24, 2026
3 hours ago
Asiagrab
Grab expands to Taiwan, its first non-Southeast Asian market, with $600 million Foodpanda deal
By Angelica AngMarch 24, 2026
5 hours ago
stephany
Commentarydisruption
AI’s disruption is a choice, not a forecast
By Alex StephanyMarch 24, 2026
5 hours ago

Most Popular

Commentary
The Treasury just declared the U.S. insolvent. The media missed it
By Fortune EditorsMarch 23, 2026
22 hours ago
Personal Finance
Current price of gold as of March 23, 2026
By Fortune EditorsMarch 23, 2026
24 hours ago
Economy
It took 200 years for national debt to hit $1 trillion. Annual interest alone now exceeds that—a 'crushing legacy we must reverse,' says budget chair
By Fortune EditorsMarch 23, 2026
1 day ago
Personal Finance
Current price of oil as of March 23, 2026
By Fortune EditorsMarch 23, 2026
24 hours ago
Health
Trump has TACO'd again, this time in Iran, sparking a $1.7 trillion stock market rally in minutes, even as peace talks are in question
By Fortune EditorsMarch 23, 2026
21 hours ago
Personal Finance
Current price of silver as of Monday, March 23, 2026
By Fortune EditorsMarch 23, 2026
24 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.