Submission + - Inside Peter Thiel's Genius Factory (backchannel.com)
mirandakatz writes: The Thiel Fellowship was created to prove a college degree doesn’t matter. But what began as an attempt to draw teen prodigies to the Valley before they racked up debt at Princeton or Harvard and went into consulting to pay it off has transformed into the most prestigious network for young entrepreneurs in existence—a pedigree that virtually guarantees your ideas will be judged good, investors will take your call, and there will always be another job ahead even better than the one you have. At Backchannel, Jessi Hempel has the definitive look at what the Trump-loving VC's genius factory means in the Valley in 2016.