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Thiel Fellowships Innovation Development Opportunity - Assignment Example

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From the paper "Thiel Fellowships Innovation Development Opportunity" it is clear that Thiel Fellowship, through Thiel Foundation, is an entity that promotes innovation through grants. It started issuing grants in 2011 with bias in the science and technology study field…
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Thiel Fellowships Innovation Development Opportunity
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Extract of sample "Thiel Fellowships Innovation Development Opportunity"

The Foundation has a network of investors, entrepreneurs, innovators, thinkers, and scientists that mentor the fellows (The Thiel Foundation, 2014). Through such kind of networks, the fellows can thrive in most if not all of their endeavors. For instance, the "20 Under 20 Thiel Fellowship" played a significant role in Ritesh Agarwal's success (Velayanikal, 2015). It allows the fellows to escape the boredom of being in classrooms. That is, it serves as an alternative to college as a way to a better life (Constine, 2014).
I believe that Thiel Fellowship makes one face the reality of life instead of the theoretical practice in classes. It allows one to face life challenges such as starting a business and becoming innovative enough to address them. It does not only provide employment ideas but develops one as a person to be able to make decisions (Imam, 2014).

Another reason that would make me join the fellowship is that there is proof of success among those who joined first. Eden Full, who left Princeton to start SunSlauter, is a good example (Kim, 2015). Her business now has branches in 15 countries and a factory in India. Even though some have failed in the program, success shows that there is hope in it (Hindman, 2012).

In conclusion, I would accept the Thiel Fellowship opportunity if given a chance since it has more pros than cons. I do believe that failure among some individuals is the same way even in education others do fail. Financial support and mentorship are enough for a young person’s success. Read More
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