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The Thiel Fellowship, 1517, and The Future of Education with Danielle Strachman and Mike Gibson

Village Global Podcast

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The Importance of Convertible ISAs

In 2010, when the field fellowship was first established, ISAs were not really part of the common vocabulary. Do you think if the field fellowship did sort of convertible ISAs, if that same talent group would take that? Or if they said, hey, you go free, but you pay a percentage of your first $1 million in R&D? I don't know. It's hard to say how people think about these things, but for some reason, taking on debt or even an income share agreement, it just feels like you have to be a little more confident in what you're doing.

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