Slashdot Mirror
Led By Zuckerberg, Billionaires Give $100M To Fund Private Elementary Schools
theodp writes: AltSchool, a 2-year-old software-fueled private elementary school initiative started by an ex-Googler, announced Monday a $100 million Series B round led by established VC firms and high-profile tech investors including Mark Zuckerberg, Laurene Powell Jobs, John Doerr, and Pierre Omidyar. AltSchool uses proprietary software that provides students with a personalized playlist lesson that teachers can keep close tabs on. Currently, a few hundred students in four Bay Area classrooms use AltSchool tech. Three more California classrooms, plus one in Brooklyn, are expected to come online this fall, plus one in Brooklyn. "We believe that every child should have access to an exceptional, personalized education that enables them to be happy and successful in an ever-changing world," reads AltSchool's mission statement. For $28,750-a-year, your kid can be one of them right now. Eventually, the plan is for the billionaire-bankrolled education magic to trickle down. AltSchool's pitch to investors, according to NPR, is that one day, charter schools or even regular public schools could outsource many basic functions to its software platform.
I think it is pretty clear. If there is any doubt all you have to do is read Zuckerberg and you should know this isn't altruistic. After eliminating many of the teachers he'll use this to classify the rest as "Tech Workers" and replace them with H1Bs. If any doubt,remained the first sentence in the summary says "...announced Monday a $100 million Series B round led by established VC firms and high-profile tech investors..."