Friday 5 June 2015
Peter Thiel set up the Thiel Fellowship in 2011 offering to pay talented college students $100,000 to drop out and start companies of their own. Now in its fourth year, the Fellowship received over 2,000 applications for 2015, but only twenty have been successful. Each of the fellows will use their grants to explore their entrepreneurial passions with guidance from the Thiel Foundation’s network of investors, founders and scientists. Oh, and they’ll all be ditching formal education. This year’s fellows are made up of five women and 15 men, ranging in age from 17 to 22. Thiel believes that the…
This story continues at The Next Web
