Breakout Labs is a grant-making body operating as part of the Thiel Foundation, a philanthropic organization created by which American entrepreneur, venture capitalist, philanthropist, political activist, and author?
Peter Thiel Peter Andreas Thiel ( ; born October 11, 1967) is an American entrepreneur, venture capitalist, philanthropist, political activist, and author. He was ranked No. 4 on the "Forbes" Midas List of 2014, with a net worth of $2.2 billion, and No. 246 on the "Forbes" 400 in 2016, with a net worth of $2.7 billion.
Thiel Fellowship The Thiel Fellowship (originally named 20 under 20) is a fellowship created by Peter Thiel through the Thiel Foundation. The fellowship is intended for students under the age of 23 and offers them a total of $100,000 over two years, as well as guidance and other resources, to drop out of school and pursue other work, which could involve scientific research, creating a startup, or working on a social movement. Selection for the fellowship is through a competitive annual process, with about 20–25 fellows selected annually. It has a selection rate below 1%.