3 ms·
Honest, albeit very naive question: Why not start a college? Does he not want the additional headaches and costs, is he playing status games, does he think Sta
by bayareabadboy 4y ago
Honest, albeit very naive question:
Why not start a college? Does he not want the additional headaches and costs, is he playing status games, does he think Stanford could do a better job running this school than him, or some combination of the three
- kogus 4y agoIn addition to the reasons you have listed, it would probably be a big headache to jump through accreditation hurdles, hire staff, find a physical location, and any number of other problems that would distract from the goals he has in mind.
- boeingUH60 4y agoMuch harder to start a new successful college than put money in one that's already successful. It takes a very long time to build a successful academic institution (Stanford is 136 years old, MIT 161, Harvard 385, etc.) There's also the prestige aspect. Stanford carries weight in elite circles, so more bragging rights for the Doerr family I guess. It's why many rich people keep throwing money towards elite universities with tens of billions of dollars in their endowments already.