The man who financed Facebook is offering 20 two-year $100,000 fellowships to teenagers with big ideas – as long as they leave university. Jon Marcus reports
Before he was 21, Peter Thiel was a ranked chess master and founded the Stanford Review, a libertarian newspaper at Stanford University, which he attended.
Now a billionaire venture capitalist and hedge fund manager with a sometimes controversial reputation for pushing unconventional ideas, Thiel is betting that others also can succeed at a young age – and don’t need a university education to do it.
The San Francisco-based founder of PayPal and co-founder of Facebook is offering two-year fellowships of up to $100,000 (£63,800) to 20 entrepreneurs or teams of entrepreneurs aged under 20 in a worldwide competition that closes this week. More>>Channels: peter thiel