Due Diligence for High-Variance Deep Tech

Topics:

(00:00:00) - Intro

(00:03:46) - Deep dive into the Thiel Fellowship

(00:07:04) - Success stories and impact of Thiel Fellows

(00:11:04) - Challenges and controversies

(00:16:01) - Evolution and future of fellowship programs

(00:18:39) - Early days of building the Thiel Fellowship

(00:23:36) - Traits of a Thiel Fellow

(00:33:24) - Nurturing genius

(00:39:57) - Screen time & children

(00:40:30) - Big screens vs. small screens

(00:43:12) - Quality time and engaging activities

(00:45:42) - Emotional depth and resilience in young founders

(00:54:02) - The traits of innovators

(01:04:08) - The journey of 1517 Fund

(01:10:05) - Join the 1517 community

Links:

Rolling Fun — https://www.rolling.fun

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We discuss:

• The founding story and long-term vision behind the Thiel Fellowship

• Common traits among exceptional young founders, including curiosity, hyper fluency, and “dog on a leash” energy

• Lessons from supporting early pioneers like Vitalik Buterin, Dylan Field, and Laura Deming.

• How 1517 Fund backs young builders and “Wily weirdos” working on sci-fi-level ideas

• Danielle’s philosophy on education, parenting, and fostering genius in children

Quotes from Danielle:

• “We weren’t looking for startup founders—we were looking for people on a mission.”

• “Dog-on-a-leash energy—that’s what we look for. We’re here to cut the leash.”

• “Hyperfluency is the ability to geek out with geeks, and still explain your work to your grandma at Thanksgiving.”

• “These people are kind of mutants—they don’t fit in typical systems.”

• “All kids under five are geniuses. The system just squashes it out of them.”

• “The most shocking thing? People publicly attacked the Fellows. Not just the program—the people. Teenagers.”

• “Crazy, crazy awesome—we can’t tell if they’re insane or brilliant, and it’ll take years to find out.”

• “Big screens good, small screens bad.”

• “In the future, I want to be funding 11-year-olds. The world won’t be ready, but I will be.”

• “We just want to talk to wily weirdos who want to be around other wily weirdos.”