This semester, Coursekit, an academic social network of sorts that gives teachers and students a way to communicate outside of class, tried a little experiment from the Peter Thiel school of thought.
Coursekit founder Joseph Cohen, a Wharton drop-out and TechStars New York alum, was already familiar with the work of Aswath Damodaran, a professor at NYU’s Stern School of Business with a big academic following. So last year, he cold-emailed Mr. Damodaran to encourage him to join Coursekit’s pilot program. “I don’t think he was looking [for a solution like] Coursekit,” Mr. Cohen told Betabeat by Gchat. “But when he saw what it could do…he and I really hit it off.”
This semester, Mr. Damodaran decided to take it one step further and offer both his Corporate Finance and Valuation classes to anyone around the world, for free*. Considering that an MBA from NYU-Stern costs $100,894 for residents (with a “recommended annual budget of $82,867), we’d say that’s a pretty good deal. (*Beer pong networking sessions with the future 1 percent not included.) Read More