Funding, Grants & Book Deals: Thiel Fellows Are Making The Grade (With More Classes To Follow)

TechCrunch – Dec. 6, 2011

TechCrunch’s Rip Empson features the Thiel Fellows, highlighting their impressive progress in the first six months of their two-year endeavor. Empson reports the program has been so successful that the Thiel Foundation has decided to launch a second class in 2013.

“Originally, the Thiel Foundation planned to award only twenty fellowships, but James O’Neill, who heads the Thiel Foundation, said there were so many outstanding candidates among the 400 applicants they received that they were compelled to add four more spots.

Six months into the program, and already the progress has been impressive. O’Neill tells us more than ten of the Fellows have founded companies, and at least one has launched a product on the market.”

Read the full story here.