San Francisco — Peter Thiel, the co-founder of PayPal who currently serves as president of Clarium Capital and managing partner of The Founders Fund, has announced the first 24 members of the “20 Under 20 Thiel Fellowship.” Each fellow will receive $100,000 over two years from the San Francisco-based Thiel Foundation to pursue their scientific and technical projects and begin to build tech companies. “We had planned to award 20 fellowships, but the number of outstanding candidates far exceeded our expectations,” said James O’Neill, the head of the Thiel Foundation. “It was challenging to select only 24, and impossible to pick only 20.” A full list of recipients is available at the link below.

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