//
you're reading...
Education

Billionaire Who Encouraged Entrepreneurs to Leave College Will Offer Stanford Course – Wired Campus – The Chronicle of Higher Education

Billionaire Who Encouraged Entrepreneurs to Leave College Will Offer Stanford Course

March 12, 2012, 11:23 am  By Nick DeSantis

The Silicon Valley billionaire and higher-education critic who offered young entrepreneurs money to leave college is returning to Stanford University, his alma mater, to teach a course of his own.

Peter Thiel, the PayPal co-founder whose “20 Under 20” fellowship last year awarded a group of budding entrepreneurs $100,000 each to drop out and develop innovative companies, will teach a class called “Computer Science 183: Startup” at the elite university this spring, according to Reuters.

Mr. Thiel submitted his course proposal last year, after approaching Stanford professor-turned-commercial-educator Sebastian Thrun about teaching at the university. The 250-student course is already oversubscribed, according to Reuters.

It’s an odd move for the famously libertarian businessman, who has lashed out at universities for creating a higher-education bubble that saddles students with insurmountable debt.

Some members of Stanford’s curriculum committee had reservations about Mr. Thiel’s course, according to Reuters, given his past criticisms of universities. The group debated Mr. Thiel’s potential use of the course as a recruitment tool for his own companies, but decided that students would benefit from taking the class.

News of the course’s introduction comes not long after one of Mr. Thiel’s fellowship companies, Airy Labs, slashed its 20-person staff after employees complained of a micromanaged work environment. Andrew Hsu, Airy Labs’ chief executive, told the technology news site TechCrunch in January that he made some mistakes in building his start-up, including expanding the company too fast.

Jim O’Neill, one of the founders of the Thiel Foundation, which administers the entrepreneurial fellowship, told Reuters Mr. Thiel chose to deliver his message at Stanford because he “wants to reach out to people in many different spaces,” and the university’s start-up culture made for a “natural fit.”

“If I do my job right, this is the last class you’ll ever have to take,” Mr. Thiel told Reuters through a spokesman.

[Creative Commons licensed Flickr photo by nappa]

via Billionaire Who Encouraged Entrepreneurs to Leave College Will Offer Stanford Course – Wired Campus – The Chronicle of Higher Education.

Advertisements

About TheDailyPOT

All the world’s a stage so inhale it all and get high on Life! A bit of everything is in The Daily POT.

Discussion

One thought on “Billionaire Who Encouraged Entrepreneurs to Leave College Will Offer Stanford Course – Wired Campus – The Chronicle of Higher Education

  1. Magnificent website. A lot of useful information here.
    I am sending it to a few buddies ans also sharing in delicious.
    And obviously, thanks to your effort!

    Posted by sample college essays | March 22, 2012, 2:46 am

So What's Your Two Cents?

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Thanks for Stopping By

Remember to Post a Comment

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 21 other followers

Blog Posts

March 2012
S M T W T F S
    Apr »
 123
45678910
11121314151617
18192021222324
25262728293031

Select a Topic

Tiffanys

"You're a very stylish girl; can't we end this stylishly?" scene from the 1961 movie Breakfast at Tiffany's

Categories

Thanks

%d bloggers like this: