Peter Thiel awards $100,000 to entrepreneurs under 20

Peter Thiel, a co-founder of PayPal and an early investor in Facebook, created the Thiel Foundation, reports the Huffington Post. Last fall, it announced a new fellowship program: It would give 20 people under the age of 20 $100,000 to drop out of school and become world-changing visionaries. More than 400 young people applied. Earlier today, the 24 winners were announced…

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