Maybe the Thiel Fellowship Is Doing More Good than Some Critics Think

The Thiel Fellowship program has been one of the most widely criticized bits of philanthropy in the last several years, but there are a number of Thiel Fellows working on projects that may have some major social benefits, particularly in health and education.

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Larry Summers Blasts Thiel Foundation Fellowship: 'Single Most Misdirected Bit of Philanthropy This Decade'

Tech entrepreneur Peter Thiel’s fellowship program has been the subject of much criticism since it launched in 2010, the latest round coming from former Harvard President Larry Summers, who has developed something of a reputation for making controversial statements. “I think the single most misdirected bit of philanthropy in this decade is Peter Thiel’s special program to bribe people to drop out of college,” Summers said recently.
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Peter Thiel: More Jet Packs, Less Twitter

Peter Thiel likes to complain that science has under-delivered. "We wanted flying cars, instead we got 140 characters," Thiel has said. He wants to fund bigger breakthroughs as an investor — through his Founders Fund — but also as a philanthropist. So it is that the Thiel Foundation has a program called "Breakout Labs," which supports innovators working "at the forefront of science and technology" who have "radical ideas."

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