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Beauty School Dropout

Images courtesy Strut

Meet Strut, the fashion app cofounded by Thiel Fellow Mark Daniel

It’s not often that you meet a multibillionaire who will pay you to drop out of school, but of course Peter Thiel is hardly your everyday 1-percenter. The PayPal cofounder’s eponymous fellowship offers $100k to 20 people under 20 who are willing to quit school and start a business.

And the program has already begun paying off for one recent “graduate”.

Launched to the public in November last year, Strut is a social shopping app that raised $1.5 million from Kevin Rose, Khosla Ventures, and, yes, Peter Thiel.

Cofounded by 20-year-old college dropout and Thiel Fellow Mark Daniel, Strut uses the familiar Tinder-swipe interface to help users discover and share their personal shopping.

But when Daniel began his Thiel Fellowship in 2013, his plans were very different – to create an employee communication tool called Status Hawk. “When you’re 19 years old and you’ve never worked at a company before, that’s just a terrible idea,” Daniel told us. “As a founder, I was about to devote at least five years of my life to a tool I wouldn’t use.”

Now a team of seven, Strut is expanding the team and planning for version 2.0. They’re currently hiring for four open positions in engineering and design out of their San Francisco offices. Get all the details here.

And if you’re looking to update your look for 2015, you can download the app for iOS here.

Now go forth (and turn on, tune in, drop out).

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