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Monday, October 18, 2010

Creepy PayPal Zillionaire Is Paying Teens to Drop Out of College � Student Activism

Creepy PayPal Zillionaire Is Paying Teens to Drop Out of College � Student Activism

Creepy PayPal Zillionaire Is Paying Teens to Drop Out of College

Peter Thiel made billions from PayPal and Facebook, and now he’s out to change the world.

The radical libertarian Thiel has given up on democracy — that experiment went south when women got the vote, he says — and is investing heavily on space exploration and ocean-surface homesteading in hopes of escaping the rabble. Really.

But while those projects — like his interest in life extension and cryogenics — are nutty but mostly harmless, his latest venture is deeply pathological. He’s leading up a group of investors in the Thiel Fellowships, a program