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It's easy to return money or apologize after the fact. Universities are going to attempt to take any free money they can get and not worry about it until there'
by whamlastxmas 7y ago
It's easy to return money or apologize after the fact. Universities are going to attempt to take any free money they can get and not worry about it until there's a proven public outcry.
- msghacq 7y agoIt wasn't just the university though. Ito also allowed Epstein to coinvest in his personal startup investments. He also visited his houses (which were decorated somewhere between provocatively and illegally based on residence). Ethan Zuckerman also directly confronted Ito and was ignored: https://medium.com/@EthanZ/on-me-and-the-media-lab-715bfc707f6f https://medium.com/@EthanZ/on-me-and-the-media-lab-715bfc707...
- tareqak 7y agoTo add, it would be less likely that we would be reading and commenting on this story if a university like MIT was not involved here: Ito would just be some venture capitalist that did not perform adequate due diligence.
- tareqak 7y agoThen why have an admissions process? Just take the first N applicants who can pay in full, and the first M applicants who can show they qualify for full financial aid from outside sources (to meet any applicable state or federal funding requirements). I don't think it's that simple. Due diligence is organizational security, and a good amount people have a lax attitude towards security.