Two young Waterloo Region startup entrepreneurs are among the 20 latest recipients of the Thiel Fellowship, a hugely competitive – and controversial – program founded by San Francisco entrepreneur and investor Peter Thiel.
Harry Gandhi, 22, co-founder of Medella Health, and Liam Horne, 19, Chief Technology Officer at PiinPoint, were among the select few to win the $100,000 fellowship from among a record 2,800 applicants from around the world.
In addition to offering money and mentorship, the Thiel Fellowship awards students who are willing to drop out of university or college to pursue their potentially game-changing ventures.
“College can be good for learning about what’s been done before, but it can also discourage young people from doing something new – especially when it leaves them in debt,” Thiel said today in a news release. “Each of the fellows charts a unique course, but together they have proven that young people can succeed by thinking for themselves instead of competing on old career tracks.”
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