Thiel Fellowship

[10] Others, such as academic Vivek Wadhwa, expressed skepticism about whether the success or failure of the Thiel Fellowship would carry any broader lessons regarding the value of higher education or the wisdom of dropping out.

In April, an article by Richard Nieva for PandoDaily took a close look at how the first batch of Thiel Fellows had fared, finding that some had succeeded and others planned to return to school in the fall once their two years were up.

[15] Also in October, former Harvard University President Larry Summers, speaking at The Nantucket Project conference, said: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.

[19] In a supportive December 2013 Wall Street Journal article, the Thiel Fellowship and its recipient's accomplishements were summarized, up to that point, in this way: "64 Thiel Fellows have started 67 for-profit ventures, raised $55.4 million in angel and venture funding, published two books, created 30 apps and 135 full-time jobs, and brought clean water and solar power to 6,000 Kenyans who needed it.

"[20] In October 2023, the Washington Post reported that: "Eleven of the 271 recipients of the Thiel Fellowship have founded unicorns so far, an impressive accomplishment that doesn’t even take into account the inspiring innovations of other fellows and the many exciting projects yet to mature.