Guest Post Entrepreneurship is a brave choice, but if things don’t go as planned, there’s always the risk that young founders won’t be able to draw a distinction between personal failure and the failure of their company.
James Proud is only 20 and he’s already sold his first company. Proud is part of the 2011 class for the Peter Thiel Fellowship – the one that encourages college students to drop out for $100,000 and the shot at developing a business — and he just sold his company Giglocator in a six-figure deal.
They can’t buy a celebratory bottle of champagne, but they’re hoping to start a new business. Meet the new class of under 20 would-be college kids dropping out of college to work on their entrepreneurial dreams under the watchful eye of investor Peter Thiel.