This reminds me of BASES at Stanford. I think it is a cool way to learn about startups, but personally, while at Stanford, I found it to be filled with prestige-oriented careerists... with that being said, I think it would be phenomenal if these kids succeed -- sometimes I just lament the time of youth being wasted worrying about the future instead of enjoying the intellectual life of the academie -- history and the big questions of humanity and it's future.. not how to make the next quick buck. Sometimes I feel kind of sad Stanford often nourishes and encourages this market focus... because I felt it so deeply myself as a student there, esp coming from an under-privileged background.