PayPal Co-Founder Gives Out $100,000 To Not Go To College

[Daniel]

Paypal co-founder Peter Thiel says the key to quicker business innovation is skipping college. His foundation is handing out $100,000 to 24 people under 20 to drop out of college for two years and start companies. From the press release: "As the first members of the 20 Under 20 Thiel Fellowship, the Fellows will pursue innovative scientific and technical projects, learn entrepreneurship, and begin to build the technology companies of tomorrow. During their two-year tenure, each Fellow will receive $100,000 from the Thiel Foundation as well as mentorship from the Foundation?s network of tech entrepreneurs and innovators. The project areas for this class of fellows include biotech, career development, economics and finance, education, energy, information technology, mobility, robotics, and space."

Daniel Reviewed by Daniel on 26th May 2011. PayPal Co-Founder Gives Out $100,000 To Not Go To College Paypal co-founder Peter Thiel says the key to quicker business innovation is skipping college. His foundation is handing out $100,000 to 24 people under 20 to drop out of college for two years and start companies. From the press release: "As the first members of the 20 Under 20 Thiel Fellowship, the Fellows will pursue innovative scientific and technical projects, learn entrepreneurship, and begin to build the technology companies of tomorrow. During their two-year tenure, each Fellow Rating: 5

[ShareShiz]

fuck. id do that.

ive wasted 6 years in college when i could have done something more useful.

[DLow]

Applied :]

[EnCiPh3r]

There is always a Risk Factor Involved

If u Drop Out to Start Own Company Maybe You become big else everything is wasted

But if u complete college ur stuck with same job for rest of ur life wondering what if i have dropped out


2nd way has got most success since its guaranty income what so ever

[Daniel]

These days, you don't go to college to get an education. You go to college to get a piece of paper that gets you a job.

[DLow]

You go to college to drank beer and get laid imo

[EnCiPh3r]

These days, you don't go to college to get an education. You go to college to get a piece of paper that gets you a job.

I agree to it but that Piece of Paper Decides our Status for Rest of our life

You go to college to drank beer and get laid imo

Its Different here in INDIA

[Smith]

These days, you don't go to college to get an education. You go to college to get a piece of paper that gets you a job.

True. Not like I'm saying college is waste of time but it's all about following your heart. To do what you want to do in life.

EnCiPh3r

Not true, I learned much more about stuff I wanted to learn in my free time. I feel sorry for people who don't have goal in their life, who are given chance to live and they waste it on finishing school thinking that's only way to be successful in life, well I can tell you first hand, it's not.

It may be hard but you control your life. Smart person will find way to reach his goals, weak will find excuses.

Again, do not get me wrong, I support education.

[Lifetalk]

That's bullshit lol. Need I explain the benefits of a proper education over those of not having one and risking your money in an 'innovative business' that could potentially fail leaving you with 'absolutely nothing'?

Yeah, 1 in a few thousand strike lucky. But this $100,000 giveaway will encourage thousands out there to drop out and try something 'innovative'. I wonder how many of them will actually succeed and how many will fail in their life because of some guy who was giving out $100,000 to people to quit education.

@DLow
You're under 20? Married? Twins? Wow, pretty young for a father

[alex17]

I agree to it but that Piece of Paper Decides our Status for Rest of our life




Its Different here in INDIA

It's not !