But in general #1 dominates the dollars spent on this experience and it's really too bad.
But in general #1 dominates the dollars spent on this experience and it's really too bad.
elite schools aren't only desirable because they set you up with big opportunities. they are the way for high-school overachievers to signal to everybody how smart and good they are.
elite schools could probably make bank if they just sold a stamp-of-approval from their admissions committees that just said "you are smart enough to get admitted, but were not lucky enough to win the lottery of being given a seat".
> Founder & CEO of Nitrility which is the world's first music licensing marketplace working with over a billion $ in assets from 80K rightsholders.
> Age 21 as of August, high school diploma (Rutgers Prep), college dropout (UIUC), grew up in Somerset NJ, 2 time founder with 1 exit at age 18, 2400 rated chess player, former top tennis player, Forbes Technology Council.
> Usually you will find me in NYC, LA, or SF.
The dropout thing struck me because it was such an obvious attempt to try to appear to be the Mark Zuckerberg style figure that this kid desperately wanted others to believe he was. I’ve been seeing a ton of these kids claiming to have had exits before they even graduated high school, and even though I know they’re lying, I’ve been browsing here long enough that I would probably have believed them if I hadn’t picked up on it being a social media trend.
I believe the primary reason is to attain credentials in pursuit of access to more lucrative employment prospects. I think your 1 and 2 are both significant factors, but they are quite far behind the pursuit of credentials.