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Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

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The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

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Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

2

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

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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