Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Tech elite's new school Horowitz Andreessen Academy aims to replace university

The most powerful venture capital firm in Silicon Valley is starting a two-year private school for young people intended to replace college, as some US tech elite question the benefits of a classical university education. This will precede the eventual two-year, paid version of the program, which Biyani said would be similar in cost to an elite private university.

Tech elite's new school Horowitz Andreessen Academy aims to replace university

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.

Written by urgent.news from Fortune's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at economictimes.indiatimes.com →

More in Finance & Markets

More from Wednesday 23 September →