"We’re one step closer to making it socially acceptable to be a college dropout without a real job. At the beginning of September, Stanford announced a fundamentally new type of financial arrangement, in which it would become a VC investor in companies run by students and alumni through the StartX start-up accelerator. Even before that, Stanford appeared to encourage more than a dozen students to drop out and partner with Stanford faculty members to launch a new tech start-up. Is Stanford still a university? As Kevin Roose of New York magazine succinctly answers, “Stanford is now basically a VC fund with some dorms.” "
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