Peter Thiel, PayPal Founder and maverick investor has a new program to move our world forward. He intends to find 20 students under 20 years old, and give them up to $100k to "stop out" of school for 2 years to develop ideas, start companies and change the world.
He cites the increased costs of education, a risk averse culture, and limited exposure to entrepreneurship as main reasons for this program.
He made the announcement at the TechCrunch Distrupt event, see minute 18 of the video.
