Tag: Peter Thiel

September 22, 2022 Off

The $100,000 Dropout: Inside the Thiel Fellowship

By The Admiral Staff

The Thiel Foundation, founded by Peter Thiel, offers the Thiel Fellowship, which pays young people aged 14-20 $100,000 over two years to forgo traditional education and pursue self-directed projects aimed at changing the world. Fellows receive mentorship and support while working on innovative ideas, such as developing biotech startups, creating new technologies, or disrupting industries—with some fellows already launching successful companies and employing over 130 people. Acceptance requires a compelling plan and a