Brown Dropout Sells Company for $20 Billion
GoLocalProv Business Team
Brown Dropout Sells Company for $20 Billion
Yes, billion.
Field was admittedly an unremarkable high school student until he found robotics and then set his sights on the University of California - Berkeley but was rejected and attended Brown University.
GET THE LATEST BREAKING NEWS HERE -- SIGN UP FOR GOLOCAL FREE DAILY EBLASTWhile at Brown, according to the Wall Street Journal, “Field applied for a fellowship run by the billionaire financier Peter Thiel. The fellowship, then not particularly well-known, offered applicants $100,000 in no-strings-attached funding if they agreed to drop out of college to pursue entrepreneurial aims. He pitched new software to modify drones to monitor traffic and catch reckless drivers."
Field was accepted for the fellowship and left Brown.
The drone company crashed, but his next idea, Figma, is now a tech legend.
So just what does Filed's brainchild company do?
"Figma connects everyone in the design process so teams can deliver better products, faster," according to the company.
Field will not be the only winner in this, but he will be insanely wealthy at 30.
"Mr. Field, according to investors and others who know him, still owns a sizable chunk of the company, along with venture-capital heavyweights including Sequoia Capital and Greylock Partners. If the deal closes, Mr. Field would be a billionaire," according to the Wall Street Journal.