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The cryptographic legend and the permutation of Bitcoin and venture capitalist Tim Draper are now in possession of programs to help entrepreneurs create startups encrypted at Draper University.
It has long been questionable whether it is worthwhile to earn a traditional degree or not. A recent World Bank report found that, despite the mountains of accumulated debt, students enrolling each year receive an increase of 8.8 percent of the salary.
Also, get a bachelor's degree from one of the 100 best universities and you'll get an average earnings of $ 420,000 over 20 years. Enough to make you think And then maybe think again.
After all, split it down for over twenty years and you'll actually see $ 1,750 more in your account. Not enough to pay the rent in a shoebox apartment in a large metropolitan center.
Education is never a waste of time
Of course, it is impossible to knock and get a formal education. In reality, the learning of anything is never a waste of time. Even if you think you never use the calculation lessons you almost slept or the bizarre lesson about the cultural habits of Western Samoans, everything has been saved there somewhere on your hard drive making you a more rounded person.
But are you making more money? Kind, serious money? Or provide you with the capabilities of the real world to face the work of today and tomorrow?
Tim Draper University
Tim Draper is worshiped throughout the cryptic world. As an initial investor in Bitcoin, he is considered one of the most influential people in blockchain. It was also listed as # 7 in the Forbes Midas List, and one of the top 100 most powerful people in finance. If ever there was a man worthy to be heard about making money, it would be him.
So, it makes sense that Draper would put his name in a new kind of university; one that focuses on preparing entrepreneurs, tutoring and supporting them, and helping them achieve their goals.
Start a successful startup crypt and you're not looking at $ 420k in 20 years. You could see $ 420 million in a few months. Of course, there are no guarantees, but if you have the skills, the determination and the connections, this is definitely an idea that deserves to be taken into consideration. And that's what he thinks of another heavyweight crypt and Draper cheerleader.
"The legend Tim Draper has just announced a new program to help entrepreneurs create crypto startups", founder of Morgan Creek Digital, Anthony Pompliano, he wrote on Twitter. "The cryptography market may be falling, but builders will not stop building."
Skip to the Draper University website and you will see that it is very different from a traditional college. With statements of encouragement such as:
Think big, drive progress, go forward at full speed.
There are even pictures of those who look like high school children in bathing suits who throw themselves into the ocean. If this increases the credibility of this institution for you or removes it completely it is probably generational.
An impressive track record
However, Draper University already has considerable experience with many of its students who go to Tech Stars, 500 Startups and Forbes 30 under 30. Among the past speakers there are none other than Elon Musk and YouTube star Michelle Phan. Draper is a pretty well connected guy, after all.
Sometimes the old saying "it's not what you know but who you know" sounds true. Actually, the Draper University degree is not a walk in the park. You need a decent step and a convincing discussion of the major problems the world is facing right now. You must also write something that arouses the interest of the investor who earns money, but the formal barriers of an Ivy League college are not there.
But the most important thing, however, is the fact that, despite the market crash and the critique that speaks of the end of the crypt, while Pomp tweeted enthusiastically, the builders continue to build.
Do you want to take a course at Draper University? Share your thoughts below!
Images courtesy of Shutterstock, Bitcoinist archives
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