‘We believe in college’: inside Andreessen Horowitz’s $42m unaccredited academy that will charge Harvard prices without degrees
Gagan Biyani talked to Fortune about the academy that won't charge tuition for its first class. "We will see over time how students will finance this."
Andreessen Horowitz, the venture capital firm, has launched an unaccredited, tuition-free academy in San Francisco aimed at educating elite high school students. The $42 million program, led by Gagan Biyani, will not award degrees, offer federal student aid, or guarantee jobs but will provide students with $50,000 in compute credits and a $5,000 travel budget.
The academy will offer courses taught by industry leaders and mentors, and students will spend time in on-campus sessions, travel abroad, and internships at partner companies. The program aims to attract pre-idea founders and is marketed to students who believe in their own ideas rather than those who have already started a company.
Experts are skeptical about the academy's long-term prospects, suggesting it may work for the initial cohort but unlikely to scale.
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