Your assumptions are based on a PandoDaily post where they cover just a few of the fellows that have decided to publicise their companies. There's a wider (but

Your assumptions are based on a PandoDaily post where they cover just a few of the fellows that have decided to publicise their companies. There's a wider (but far from full) list here. https://www.quora.com/Thiel-Fellows/What-were-the-results-of-the-first-Thiel-Fellowship-Class https://www.quora.com/Thiel-Fellows/What-were-the-results-of... I'd say most of the projects aren't known about (in beta, not startups, not publicised or not launched) at this point, some will fail but I can see quite a few big tech companies springing up from that batch. I believe they said today that fellows have raised $34M+ in funding and I know quite a few YC founders in the fellowship and I've only just scratched the surface of speaking to people.