Thiel Changes Tune On College

May 17 2012 | 9:56am ET

It seems that Peter Thiel doesn't always think a pricey college education is such a bad thing.

A year after making a splash by creating a fellowship program for 20 would-be entrepreneurs under the age of 20—with the express requirement that they drop out of college—Thiel's new hedge fund is looking for analysts. And they better not have dropped out before they turned 20.

San Francisco-based Thiel Capital posted a job listing on LinkedIn for an investment analyst for a new global macro fund it is incubating. In addition to two to three years' experience, the posting said the ideal candidate would have a "high GPA from top-tier university."

At least it did before Slate's Matt Yglesia pointed out the seeming hypocrisy—seeming, of course, because there's a difference between an entrepreneur and a junior hedge fund analyst. As of today, Thiel specifies that "no college degree is required." Of course, the ideal candidate would still have "quantitative skills in a field such as computer science, mathematics, statistics, physics or engineering." The ad does not indicate where, outside of a college, one might acquire such skills, but if you've managed it, get your résumé ready.


In Depth

Q&A: Brevan Howard’s Charlotte Valeur Talks Strategy

Sep 18 2014 | 11:18am ET

Charlotte Valeur chairs the board of Brevan Howard Credit Catalysts, an LSE listed...

Lifestyle

Griffin Donates $1M To Rauner's Illinois Gov. Campaign

Sep 22 2014 | 9:29am ET

Hedge fund billionaire Kenneth Griffin definitely has a dog in this fight. The Citadel...

Guest Contributor

Top 5 Predicted Outcomes Of CalPERS' Hedge Fund Divestment

Sep 22 2014 | 8:35am ET

CalPERS’ announcement to divest of hedge funds has created a significant buzz...

 

Videos

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

September 2014 Cover

The London Whale: Rogue risk management

Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.