PayPal founder and VC Investor, Peter Thiel has recently announced the 2014 class of new Thiel Fellows. The fourth set of young entrepreneurs to be awarded Thiel Fellowships, the fellows will receive support to bring their innovative scientific and technical projects to life, learn entrepreneurship from the ground up, and begin to build the companies of tomorrow.
“As student debt soars and the wages of college graduates sag, the need for more thoughtful and personalized approaches to finding success is greater than ever,” said Peter Thiel, creator of the Thiel Fellowship. “We hope the 2014 Thiel Fellows inspire people of all ages as they demonstrate that intellectual curiosity, grit, and determination are more important than credentials for improving civilization.”
Each fellow will receive $100,000 from the Thiel Foundation as well as mentorship from the Foundation’s network of tech entrepreneurs, investors, scientists, thought leaders, futurists, and innovators.
For the 2014 fellowship, the Thiel Foundation received applications from nearly every state in the U.S. and from 44 different countries.
Meet this year’s 20 Thiel Fellows
Shantanu Bala (19, Phoenix, AZ) is developing a system for using a real-time video and audio feed to convey visual facial expressions and auditory cues using a series of vibrations across a user’s skin. His research aims to expand the potential scope of information that can be extracted and conveyed using digital sensors and haptic actuators.