By Sawdah Bhaimiya

Copyright cnbc

A company’s greatest assets is the people it hires, and Guo says the best hiring pool is your college peers.

“Make sure to get to know your smartest peers and actually be friends with them. The best place to do this, I think personally, is actually in college,” she said.

“I can’t even think of one place where it’s such a high density of people that are intelligent and that’s the most likely place [college] where you’re going to meet your future hires.”

She says this network of intelligent friends will remain handy, because you’ll already have a talented pool of people to hire.

Guo said her peers on the two-year Thiel Fellowship program motivated her be successful as an entrepreneur.

“You become part of a community where it’s so normal to build a unicorn company, because in order to build a company, you have to be a little crazy. You have to be so arrogant to believe that you have a shot at building a company that could be a unicorn. And it’s easier to believe that, and to delude yourself, when you are surrounded by so many people that have, and that is, I think, the beauty of San Francisco and the Thiel Fellowship.”

Other alumni of the program, like Guo, have gone on to produce unicorns — startups valued at over $1 billion — from Vitalik Buterin’s Ethereum to Dylan Field’s Figma and Ritesh Agarwal’s Oyo Rooms.

This article is part of a series on billionaire Lucy Guo. Read more below