For Subscribers

Peter Thiel on What You Can't Learn in College

The venture capitalist and co-founder of PayPal answers questions about his initiative to back the business dreams of select teen entrepreneurs willing to put their educations on hold.

learn more about Jennifer Wang

By Jennifer Wang

Opinions expressed by Entrepreneur contributors are their own.

In the startup universe, college can be a distraction. Just ask Peter Thiel, co-founder and former CEO of PayPal and an early investor in Facebook.

At the end of May, Thiel announced the first "20 Under 20" Thiel Fellows: Out of more than 400 applicants, he picked two dozen of the best (accepting four more than originally planned) to receive a $100,000 grant, access to a network of about a hundred high-profile mentors and two full years to begin turning their business hopes into reality.

Continue reading this article — and all of our other premium content with Entrepreneur+

For just $5, you can get unlimited access to all Entrepreneur’s premium content. You’ll find:

  • Digestible insight on how to be a better entrepreneur and leader
  • Lessons for starting and growing a business from our expert network of CEOs and founders
  • Meaningful content to help you make sharper decisions
  • Business and life hacks to help you stay ahead of the curve

Related Topics

Editor's Pick

Have More Responsibilities at Work, But No Pay Bump? Use This Script to Get the Raise You Deserve.
Black and Asian Founders Face Opposition at All Levels — Here's Why That Has to Change
Living

Invest in Yourself: 10 Things Every Working Woman Should Do This Year

When striving for success, it is easy to forget about your mental and physical health. But without health, you cannot fully succeed. Follow these ten lifestyle strategies for success in your personal and professional life.

Thought Leaders

5 Small Daily Habits Self-Made Millionaires Use to Grow Their Wealth

We've all seen what self-made millionaires look like on TV, but it's a lot more subtle than that. Brian Tracy researched what small daily habits these successful entrepreneurs adopted on their journey from rags to riches.

Leadership

3 Expert-Backed Strategies for Blowing People Away With Your First Impression

Nothing is more important than a good first impression. The first five seconds are everything.

Business Ideas

How to Make Thousands of Dollars on the Side As a Virtual Assistant

Apply your skills and experience to create a lucrative virtual assistant side hustle or full-time business.