You may recall that Elon Musk started a school a few years ago, because of course he did. It was sort of a private school, sort of the most expensive homeschool project ever launched (Musk has five kids--one set of twins, and one set of triplets, so God bless him and his wife). He was single-handedly funding the thing (almost a cool half-mill a year). And now one of his buds is ready to spin it off and monetize it.
We have seen this process before--launch a boutique private super-school, then spin it off and scale it up into a branded product that provides sort-of-the-same-but-not-really educational experience for a broader range of customers. Max Ventilla, formerly of Google, tried it with Altschool, not entirely successfully. Summit Schools also followed this trajectory, looking to scale up a version of its original edu-product across the country.
Leading the investor bandwagon jumping this time is Anthony Pompliano, entrepreneur and investor and podcaster and investment letter guy, all under the name Pomp. He announced a new round of investment for this plan in his substack-- The Pomp Letter-- under the title "Fix The Education, Fix The World." So we're aiming high here.
Musk's original school was called Ad Astra, then Astra Nova, and will "this game-changing educational CONTINUE READING: CURMUDGUCATION: Elon Musk Buddy Ready To Fix Education And The World