Peter Thiel Gives 20 Teenagers $100,000 to Leave School and Start a Company
We found this amazing feature and thought to share. Peter Thiel, through The Thiel Foundation is giving out $100,000 to 20 teenagers to drop out of school and start a company. According to Business Insider, Peter Thiel is famous for being Facebook’s first investor and the co-founder and former CEO at PayPal.
Meet the 20 teen-entrepreneurs:
- Daniel Zulla, 19 from Germany
- Darren Lim, 19 from Singapore
- Delian Asparouhov, 19, from Salt Lake City, UT
- Diwank Singh Tomer, 19 from Palo Alto, Calif
- Gary Le, 19 from East Brunswick, NH
- Y Combinator, 19 from Armonk, NY
- Kevin Wang, 18 from Vernon Hills, IL
- Laura Ball, 19 from Wauwatosa, WI
- Maddy Maxey, 18 from San Diego, Calif
- Mark Danie, 19 from Nashville, Tenn.
- Nelson Zhang, 19 from Toronto, ON, Canada
- Nick Liow, 18 from Vancouver, BC, Canada
- Riley Drake, 18 from Baltimore, MD
- Riley Ennis, 19 from McLean, VA
- Ritesh Agarwal, 19 from New Delhi, India
- Thomas Sohmers, 17 from Hudson, MA
- William Legate, 18 from Marietta, GA
- Xinyi Chen, 19 from Beijing, China
- Andrew Brackin, 18 from London, U.K
- Austin Russell, 18 from Newport Beach, Calf
Read more about them and their innovative ideas on Business Insider: http://www.businessinsider.com/peter-thiel-fellows-2013-2013-5#
Entrepreneurship is fast becoming the only solution to the world’s challenge of unemployment. Education should be seen as an addition not as a means to an end. These young entrepreneurs should inspire us. For some of them, this is not their first company.
Question for YOU! If you were a teenager, would you do this? Would you drop out of school to start a business if you had $100,000? Let’s have your thoughts please. Drop your comments below.