Peter Thiel's 20 Under 20 Announced - will pay these 20 students to drop out

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Peter Thiel's "20 Under 20" initiative has been announced, offering financial support to 20 students who choose to drop out of traditional education. The program aims to encourage innovation and entrepreneurship among young individuals, reflecting Thiel's background in banking and startup finance. While the specifics of the dropout requirement are unclear, the initiative raises questions about the long-term implications for participants, particularly regarding future graduate school applications. Thiel's concerns about a "technology deficit" highlight the potential economic consequences of stagnation in technological advancement.

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Peter Thiel's "20 Under 20" Announced - will pay these 20 students to drop out

http://thielfoundation.org/index.php?option=com_content&view=article&id=26&Itemid=19

Interesting. twofish-quant might like this.

I wonder how they'll fare if they later decide to return and apply to grad school.
 
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Interesting. I don't see where it specifically says they must drop out though?
 


He first gained attention for innovations in banking and startup finance. Today he is known as the mentor of the PayPal mafia of entrepreneurs, as well as for his warnings of a coming technology deficit with severe economic consequences.

What does he mean by 'technololgy deficit'?
 

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