Everything About Thiel Fellowship
Answering to many questions such as what is Thiel Fellowship? what are the advantages and disadvantages?
How to apply for Thiel fellowship, How do you get selected for Thiel fellowship? How long does it take to hear back from the Thiel Fellowship?
What is Thiel Fellowship?
It was started by Peter Thiel in 2010 with his Thiel Foundation, which helps you in growing your start-ups in many different ways, lets discuss all of that.
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Advantages of Thiel Fellowship.
It is a 2 year programme and you get $100,000 (Rs 75 Lakh), that means monthly you get $4166.
The most important thing you get form these programme is you get the access of Mr Peter Thiel’s Network, Guidance and mentorship access.
There are also many other programme such as Sequoia Surge which can help you with your start up.
Read An amazing inspirational article
Who is Peter Thiel?
Inspite of founding Thiel Fellowship, Peter Thiel was also the CEO and co-founder of paypal, which got acquired by Ebay for $1.5 Billion.
Currently Peter Thiel is also the co-founder of Palantir Technologies whose valuation is more then $20B which comes under the TOP 5 most valuable start-ups in the world.
The most important part of these programme is, they do not take any equity from your company, nor they will take any money from you in any form.
They are investing because, they just want you to become successful.
Who are the famous Thiel Fellows?
- Vitalik Buterin creator of Etherium
- Ritesh Agarwal Founder of OYO Rooms also called as the worlds youngest selfmade Billiniore and also Ritesh Agarwal is Asia’s first Thiel fellow.
- Taylor Wilson (youngest person to produce Nuclear fusion)
- Adam Munich (Physicist)
- Boyan Slat ( Founder and CEO of Ocean cleanup ) ans many other successful stories.
Terms and conditions
Your age must be less then 23 years, if your age is above 23 years, do not get upset we will tell you another programme at the end.
If you get selected in Thiel Fellowship, then you will have to dropout from your respective college or university.
They select 20-25 Thiel Fellow per year. But their selection rate is less then 0.1%.
How to apply for Thiel Fellowship?
Here is the Link – https://thielfellowship.org/
Fill up the Application and get started.
There is no Deadline for these application form, so take your time and do the best.
Important questions asked in the Aplication form ?
What are you working on Now ?
Would you be open to co-founding a startup with different ideas?
They also conduct-
- Telephonic interview
- Video interview
- Skills testing
- Face to face interview.
Thing something big, start doing research and carry on hard work, you can also read amazing book Zero to One by Peter Thiel.
Hopefull these article has cleared all the doubts about these programme, do let us know in the comment section below.