The Thiel Fellowship;one step towards Entrepreneurship - ALL ABOUT UPSC CIVIL SERVICE EXAM

Wednesday, 15 November 2017

The Thiel Fellowship;one step towards Entrepreneurship

Founded by technology entrepreneur and investor Peter Thiel in 2011, the Thiel Fellowship is a two-year program for young people who want to build new things. Thiel Fellows skip or stop out of college to receive a $100,000 grant and support from the Thiel Foundation’s network of founders, investors, and scientists.

If you want to continue your education by building something you care about, read on.

What makes us different?

Grant, not equity

Your $100,000 is a grant. So long as you’re working, you can use the funds however you want; the Fellowship does not take any ownership stake in your project. 

Build your team

You can’t do it alone. Whether you need programmers or salespeople, our network helps you build your team. And since every new business will face common challenges, we provide in-house expertise in engineering, marketing, and design.

Tight-knit class

All of our Fellows are 22 or younger. Every one of them has stopped out of college to work on a unique project. You’ll be surrounded by peers who understand what you’re trying to accomplish.

Get money

It’s going to take money. We introduce you to investors from the start, and we help you to communicate with them so you can get the capital you need on terms that work.

Non-exclusive

Want to apply to a startup accelerator like Y Combinator or Techstars? No problem. The Fellowship isn’t an incubator or accelerator, so it’s complementary to any other program that fits your project.

Learn things

We help you cut through the clutter and learn what you really need — from books, meetings, and guest speakers like Aaron Levie (CEO of Box) and Keith Rabois (Partner at Khosla Ventures).

Fellow profiles

Five years since our first Fellowship class, Thiel Fellows have started more than 60 companies that are together worth over $1.1 billion, and have created hundreds of jobs in the course of tackling problems ranging from telemedicine and human longevity to solar energy and clean water.

Eden Full

Eden Full

2011
Eden invented the SunSaluter, a low-cost mechanism that optimizes solar panels while providing clean water for rural, off-grid communities in fifteen countries.
Ritesh Agarwal

Ritesh Agarwal

2013
Ritesh is founder and CEO of OYO Rooms, which brings together India's largest network of hotels for affordable and standardized stay experiences. Ritesh recently closed a $100M Series B round, led by Softbank.
James Proud

James Proud

2011
James founded Hello Inc. after he sold his first company, GigLocator. Hello's first product is Sense, a sleep tracking system that helps people understand their sleep cycle so they can rest better and wake up with more energy.
Ritik Malhotra

Ritik Malhotra

2012
Ritik founded Streem, which let people access their files remotely with no lag or sync time. Streem was acquired by Box in June 2014.
Paul Gu

Paul Gu

2011
Paul co-founded Upstart, an online lending platform that uses data to bring together high potential borrowers and investors. Upstart has raised $53M from Google Ventures, Khosla Ventures, Founders Fund, First Round Capital, and Eric Schmidt.
Ocean Pleasant

Ocean Pleasant

2015
Ocean is the Founding Editor-in-Chief of REAL, the new youth culture publication distributed nationally in over 40 retailers across the U.S. She is also the Global Youth Editor for ORIGIN Magazine, Youth Editor for Mantra Yoga + Health and Thrive.
Ari Weinstein, Conrad Kramer

Ari Weinstein, Conrad Kramer

2014
Ari and Conrad created Workflow, an automation app that lets you combine everyday actions to create powerful workflows on your mobile device. Workflow won a 2015 Apple Design Award and was acquired by Apple in 2016.
Laura Deming

Laura Deming

2011
Laura is the founder of and full-time partner at The Longevity Fund, an early stage venture capital fund backing companies which target the aging process to treat disease.

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