$100,000 to drop out of college?
The Thiel Foundation announced that they will give 20 people under the age of 20
$100,000 to drop out of school and become a technological entrepreneur.
Sure beats paying for an online degree, right?
The Thiel Fellowship: 20 Under 20
Peter Thiel Launches Innovative Thiel Fellowship to Foster Next Generation of Tech Visionaries
Wednesday, 29 September 2010
Warning that America's long term economic prospects are uncertain without radical innovation in technology, Peter Thiel this week launched the Thiel Fellowship to foster the next generation of tech visionaries. The new program will support 20 entrepreneurs under 20 years old with grants of up to $100,000.
"Our world needs more breakthrough technologies,” said Thiel. "From Facebook to SpaceX to Halcyon Molecular, some of the world's most transformational technologies were created by people who stopped out of school because they had ideas that couldn't wait until graduation. This fellowship will encourage the most brilliant and promising young people not to wait on their ideas, either. The Thiel Fellows will change the world and call it a senior thesis.”
The Thiel Foundation will award 20 people under 20 years old cash grants of $100,000 to further their innovative scientific and technical ideas. In addition, over a two year period, Peter Thiel's network of tech entrepreneurs and philanthropists—drawn from PayPal, Facebook, Palantir Technologies, Founders Fund, the Singularity Institute, and others—will teach the recipients about creating disruptive technologies and offer mentorship, employment opportunities, support, and training.
"University is a tremendously valuable experience, but when entrepreneurs are ready to launch, they should do so immediately, rather than sticking around to satisfy expectations of a full four years of college or eight of grad school,” said Elon Musk, who co-founded Tesla Motors, SpaceX, and PayPal. Musk himself stopped out of his graduate program before classes began to co-found his first company Zip2, which he sold to Compaq for $307 million.
"There is absolutely no experience that matches the real world, so if you have the passion and drive and want to work on a great idea, you should just do it,” said Scott Banister. Banister left the University of Illinois before taking a degree and founded ListBot, the largest ASP for business email, and IronPort, the anti-spam company that Cisco acquired for $830 million.
"Because education seeks to impart past knowledge, when you are trying to create a technological breakthrough, you have to create new knowledge, and there is no way to teach that. There was no course at University of Arizona on ‘‘how to cure aging.' Hopefully, this program will allow others to work on ambitious projects themselves, before they've taken on a crippling amount of student debt,” said William Andregg, CEO and co-founder of Halcyon Molecular. Halcyon is a start-up that has developed a breakthrough technology for fast, cheap, and highly accurate sequencing of DNA, and whose ultimate goal is to use sequencing data to support therapeutic products that vastly extend healthy lifespans.
"Inventing and producing a pedal-powered cell phone charging station to help Africans stay connected looks better on a résumé than straight As in college, and takes the same amount of time,” said Michael Vassar, president of the nonprofit Singularity Institute for Artificial Intelligence.
Though applicants may already have scientific, technical, or nonprofit ideas, the Thiel Fellowship will not be limited to those with developed innovations. Teams of up to four may also apply. Applications will be available in October on ThielFoundation.org and due later in the fall, with the fellowship beginning in 2011.
If you would like a Thiel Foundation 20 Under 20 speaker to come to your high school, college, or club, please send an email with your name, location, and school or club to info@thielfoundation.org This e-mail address is being protected from spambots. You need JavaScript enabled to view it .
ABOUT THE THIEL FOUNDATION The Thiel Foundation defends and promotes freedom in all its dimensions: political, personal, and economic. The Thiel Foundation supports innovative scientific research and new technologies that empower people to improve their lives, champions organizations and individuals who expose human rights abuses and authoritarianism in all its guises, and encourages the exploration of new ideas and new spaces where people can be less reliant on government and where freedom can flourish. For more information, see ThielFoundation.org. MEDIA CONTACT: Jonathan Cain
jcain@thielfoundation.org This e-mail address is being protected from spambots. You need JavaScript enabled to view it
(415) 248-4679
My Grandma - A Eulogy
LET'S TALK ABOUT 1914 FOR A MOMENT.
FOR STARTERS, GRANDMA WAS BORN TUESDAY, DECEMBER 22, 1914 IN HER FAMILY'S ATWOOD RANCH HOUSE.
IT IS WORTH NOTING THOSE ALSO BORN IN 1914:
JACK LALANNE
JOE DIMAGGIO
DANNY THOMAS
AND WHO DIED IN 1914:
JOHN MUIR, THE FAMOUS NATURALIST FOR WHICH NUMEROUS ROADS, PARKS, HOTELS, AND NATURE RESERVES ARE NAMED.
IT IS ALSO WORTH NOTING THAT IN 1914 WOODROW WILSON SIGNS MOTHER'S DAY PROCLAMATION AND BABE RUTH MAKES HIS MAJOR LEAGUE DEBUT WITH THE RED SOX. MOTHER'S DAY AND BASEBALL- TWO OF MY FAVORITES!! (PERHAPS HER NICKNAME "BABE" CAME FROM BABE RUTH???)
GRANDMA WAS BORN INTO A PERIOD OF TIME FILLED WITH TURMOIL. IN JUNE OF 1914 ARCHDUKE FRANZS FERDINAND WAS ASSASSINATED. WITHIN ONE MONTH WORLD WAR I RAGED ACROSS EUROPE. TWO DAYS AFTER HER BIRTH HOWEVER, GERMAN AND BRITISH TROOPS INTERRUPTED WWI TO CELEBRATE CHRISTMAS. (PERHAPS THEY PAUSE KNOWING THAT A GREAT WOMAN WAS BORNE) WORLD WAR I CONTINUED UNTIL THE TREATY OF VERSAILLES IN 1919.
ALTHOUGH SHE WAS ONLY 5 YEARS OLD, SHE SAW THE LEAGUE OF NATIONS CREATED AND THE 19TH AMENDMENT WAS APPROVED BY THE U.S. CONGRESS GUARANTEEING THE RIGHTS OF WOMEN TO VOTE.
SHE LIVED THROUGH MANY NOTABLE EVENTS. LIKE THE 1933 LONG BEACH EARTHQUAKE OR WHEN ATWOOD FLOODED ALONG WITH MOST OF ORANGE COUNTY IN 1938 AND THE FLOOD-WATERS CLAIMED MORE THAN 50 PEOPLE, 43 OF WHICH WERE FROM ATWOOD! ALL OF THIS DURING A TIME THAT WE READ ABOUT IN SCHOOL AND KNOWN AS "THE GREAT DEPRESSION". SOMEWHERE IN ALL OF THAT SHE FOUND THE LOVE OF HER LIFE, GRANDPA LEO, GRADUATED HIGH SCHOOL, GOT MARRIED, AND HAD KIDS!
THEN THERE WAS WORLD WAR II. FROM PEARL HARBOR TO HIROSHIMA, GRANDMA WAS RAISING MY UNCLE BOB AND MOM ARLINE. WITH AIR-RAID SIRENS AND BLACKOUTS SHE WAS A WIFE AND MOTHER. WHAT A TIME TO RAISE CHILDREN! I BET GRANDMA'S PARENTS WERE ABEL TO TELL HER A THING OR TWO ABOUT RAISING KIDS IN WARTIME.
GRANDMA WAS THERE WHEN THE BOY SCOUTS OF AMERICA HELD THEIR 3RD ANNUAL NATIONAL JAMBOREE IN 1953. SHE SAW AIRBASES OPEN IN '42 AND CLOSE IN '99. SHE WATCHED WALTER KNOTT START UP HIS BERRY FARM AND WALT DISNEY TURN ORANGE GROVES AND STRAWBERRY PATCHES INTO DISNEYLAND!
SHE SAW THE HORSE AND CARRIAGE FADE AWAY INTO HISTORY AND SPACE TRAVEL EXPLODE BEFORE HER WITH THE FIRST LUNAR LANDING. JUST IMAGINE HOW MUCH TECHNOLOGY HAS CHANGED OVER THE LAST 100 YEARS. FROM TUBE RECTIFIERS TO SUPERCONDUCTORS; FROM TRANS-ATLANTIC TELEGRAPH CABLES TO SATELLITE TV.
SHE SAW MORE IN HER 93 YEARS THAN MOST OF US WILL EVER READ ABOUT, LET ALONE LIVE THROUGH!
OF THOSE 93 YEARS IT IS MY HONOR TO HAVE BEEN HER GRANDSON FOR 35 OF THEM. SHE WAS MY MOTHER WHEN MOM HAD TO WORK. SHE WIPED MY NOSE AND PUT FOOD IN MY MOUTH. SHE LET ME PLAY WITH GRANDPA EVEN THOUGH SHE NEEDED HIM TO TAKE HER TO THE STORE. SHE WAS MY GRANDMA AND I WILL MISS HER IMMENSELY.
JUST LOOK AROUND THIS ROOM; SHE DID THIS. SHE IS RESPONSIBLE FOR BRINGING SO MANY GOOD PEOPLE INTO THIS WORLD AND TOGETHER TODAY. THIS IS HER LEGACY.
A Dedication To My Loving Wife, Stacey. Thank you for all you do for me!
Brad Paisley - I Thought I Loved You Then
I remember trying not to stare the night that I first met you
You had me mesmerized
3 weeks later in the front porch light taking 45 min to kiss you goodnight
I hadn’t told you yet but I thought I loved you then
Chorus
Now you’re my whole life now you’re my whole world
I just can’t believe the way I feel about you girl
Like a river meets the sea
Stronger than it’s ever been
We’ve come so far since that day
And I thought I loved you then.
I remember taking you back to right where I first met you
You were so surprised
There were people around
But I didn’t care I got down on one knee right there
And once again I thought I loved you then
Chorus
Now you’re my whole life now you’re my whole world
I just can’t believe the way I feel about you girl
Like a river meets the sea
Stronger than it’s ever been
We’ve come so far since that day
And I thought I loved you then.
I can just see you with a baby on the way
I can just see you when your hair is turning gray
What I can’t see is how I’m ever gonna love you more
But I’ve said that before.
Now you’re my whole life now you’re my whole world
I just can’t believe the way I feel about you girl
Well look back some day at this moment that we’re in
And I'll look at you and say I thought I loved you then
And I thought I loved you then...
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