Smart Friends

#098 Danielle Strachman: What Makes a Thiel Fellow

47 snips
Nov 4, 2025
Danielle Strachman, founder of the Thiel Fellowship and co-founder of 1517, discusses the vision behind the fellowship and its evolution. She shares intriguing success stories of notable fellows like Vitalik and explores the traits that make a Thiel Fellow, including 'dog-on-a-leash' energy and insatiable curiosity. Danielle also addresses the challenges faced in the fellowship's early days, offers insights on guiding young innovators in a screen-centric world, and highlights the importance of nurturing resilience and playfulness in young founders.
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INSIGHT

Program Over Degree

  • The Thiel Fellowship gives young people $100,000 to work full-time on missions instead of attending college.
  • It targets people working on projects, not just startups, with a two-year program and long-term (10+ year) outcomes.
ANECDOTE

Early Fellows Became Tech Giants

  • Danielle recounts early Fellows who became major tech figures like Vitalik Buterin and Dylan Field.
  • These examples show the fellowship supported founders before their major breakthroughs.
INSIGHT

Constraints Amplify Impact

  • The fellowship focused on a narrow, young cohort (20 people, under 20) which amplified outcomes relative to broader accelerators.
  • Constraining selection can increase the program's impact by targeting specific, high-upside profiles.
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