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Millennial Investing - The Investor’s Podcast Network
MI275: Thiel Fellowship & Startup Investing w/ Michael Gibson
Jun 6, 2023
56:31
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Michael Gibson, founder of 1517 and one of the minds behind the Thiel Fellowship, discusses successful companies from the fellowship, his venture fund 1517, flaws with education system, investments like Luminar, and future of autonomous driving.
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Quick takeaways
- The Teal Fellowship program under 1517 Fund pays individuals to pursue entrepreneurial goals, challenging traditional education norms.
- Luminar Technologies, backed by 1517 Fund, stands out in the autonomy space with their superior LiDAR sensor technology for accurate and safe navigation.
Deep dives
The Teal Fellowship: Challenging the Conventional Education System
Michael Gibson, founder of venture capital firm 1517, discusses the flaws in the education system and how his fund seeks to change it. The Teal Fellowship, a program under 1517, pays individuals to drop out of college and pursue their entrepreneurial goals. Gibson believes that creativity is stifled by the slow pace of higher education and that young individuals have the potential to contribute innovative ideas without the need for years of traditional schooling.
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