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?
Breakout Labs Breakout Labs is a grant-making body operating as part of the Thiel Foundation (a philanthropic organization created by Peter Thiel). Breakout Labs gives grants for early-stage scientific research that is too speculative or long-term to interest the for-profit sector (such as angel investors and venture capitalists) but may be unsuitable for traditional sources of funding for scientific research due to its radical or offbeat nature. Grants are made through a competitive application and selection process.
Jim Breyer James W. Breyer (born July 1961) is an American venture capitalist, founder and CEO of Breyer Capital, an investment and venture philanthropy firm, and a partner at Accel Partners, a venture capital firm. Breyer has invested in over 30 companies that have gone public or completed a merger, with some of these investments, including Facebook, earning over 100 times cost and many others over 25 times cost. On the "Forbes" 2016 list of the world's billionaires, he was ranked #722 with a net worth of US$2.4 billion.