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This last weekend, The New York Times published an article about The Thiel Fellowship, highlighting the individual stories of some of the Fellows, and shedding some light on just what The Fellowship does:
A cool hundred grand, no strings attached? You won’t be shocked to learn that it is harder to get a Thiel Fellowship than it is to get into Princeton. Mr. Thiel (Stanford ’89, Stanford Law ’92) has grabbed headlines with his outlandish offer. Less has been said about the handful of plucky people who have actually managed to snag one of his fellowships in hopes of becoming the next Gates or Jobs. The first Thiel fellows are now in their second year of the program. Twenty new ones were selected this summer.
Applications for 2013 are not yet being accepted; the due date will be posted this fall atThielFellowship.org. Candidates must be under 20 when they apply. The final step is straight out of Silicon Valley: applicants get two and a half minutes to pitch their ideas to would-be mentors, most of them successful entrepreneurs.
To read the entire article, and learn more about the fellowship from the perspective of the Fellows, head on over to The Times.