MIT junior dropping out to work on education startup he founded 5 years ago

http://quizlet.com/blog/leaving-mit-to-make-quizlet-even-better/

by asuth • 15 years ago

76 32 15 years ago

gregdetre• 15 years ago

Quizlet's awesome. I take my hat off to Andrew Sutherland for making it all happen while working as a full-time high school and university student. It's not easy.

shantanubala3• 15 years ago

Heck. From what I hear, being a full time student at MIT can be pretty challenging on its own. I only know a couple people at MIT, but they've all talked about how challenging it is (in an enjoyable way).

amac• 15 years ago

Agree. Having conversed with him via email, he's done really well with Quizlet and is a smart guy. Goodluck Andrew.

cjtenny• 15 years ago

:( not even one more year? What about 6.172 this fall?

abbasmehdi4• 15 years ago

How do you make money? If you don't mind me asking..:)

shantanubala3• 15 years ago

There's some advertising on Quizlet and a premium version called Quizlet Plus, but I'm not sure (from a user's perspective) if that's bringing in a ton of revenue.

abbasmehdi4• 15 years ago

yea, freemium plus ads is a classic rev model but usually doesn't work for niche markets. Licensing their engine to third parties is an option they could explore too...

vikingux• 15 years ago

By owning the learning graph. If I know what you're learning, I know who you are in a very important way. Given that, super targeted advertising is just the tip of the iceberg.

cabinguy• 15 years ago

I remember him announcing Quizlet on the short-lived TechCrunch Forums. I was impressed then and I am impressed now.

mwytock• 15 years ago

Congratulations on your success. However, I think you should finish your degree. Online flash cards are not the Future of the World.

catechu• 15 years ago

I speak for myself here, but I don't think something needs to be the "Future of the World" for it to be an immensely fulfilling way to lead one's life, degree or not.

meterplech• 15 years ago

You shouldn't be so quick to knock the idea. People probably said the same thing about a stupid website that was pretty much a yearbook online. It has 3milliom monthly users, he can definitely turn it into a revenue generator and is in a great position to be strategically acquired by Washington Post (which owns Kaplan), or Princeton Review. Dropping out of MIT is a risk- but, he can always return.

vecter• 15 years ago

Arash Ferdowsi left MIT as a junior to cofound Dropbox w/Drew Houston. Turned our pretty well it seems :)

burgerbrain• 15 years ago

Success stories are cheap to rattle off. We don't hear about the countless failures though, precisely because they were failures.

jcampbell1• 15 years ago

Having a website that 20% of teachers nationwide use is a pretty powerful place to build a business from. Quia started from the same place, and now does something like $40M/year in revenue with their IXL product.

mattdeboard2• 15 years ago

I can't fathom dropping out of MIT with only a year left. Maybe he won't ever need the piece of paper, but surely MIT doesn't cram American History and Introduction to Communications in the senior year.

jakarta• 15 years ago

Many top schools have a policy which allows students who drop out to come back and finish up their degree if they want. So it is not a risky decision.

snikolov• 15 years ago

As an MIT student, I can confirm this. I know someone who came back after 5 years to finish his last semester, and one of my TAs this term joined the military and came back after 10 years.

mattdeboard2• 15 years ago

Ah that makes a lot more sense then. Thanks for the clarification.

chopsueyar• 15 years ago

How is this different from what the Khan Academy is doing?

dpatru2• 15 years ago

Technology is driving huge changes in the education industry. First the price of the technical information that comprises "an education" going to zero. The information that used to exist only in textbooks is now mostly available for free, or almost free. I have a relative in medical school who tells me that when med students need the details of a disease or medication or other medical topic, they just look it up on Wikipedia or another free site.

Second, the price of the learning technology is dropping. Quizlet is an example. It is getting easier to actually learn the material and verify that learning has taken place.

What hasn't happened yet, but what seems to be the logical next step is cheaper or free credentialing: a trusted organization vouching for a person's mastery of a body of knowledge.

jarek• 15 years ago

In accordance with signalling theory, for cheaper or free credentials to get any traction, obtaining them will require a very significant investment of time and effort.

Kind of like a degree.

dpatru2• 15 years ago

Traditionally, if you wanted to become competent, you went to trusted school, worked hard at the course of study provided by the school, and if you completed the course requirements, you got a degree in which the school declares you competent. This was expensive because it was expensive for the school to provide a course of study that made students competent. The school needed to pay for great teachers as well as materials (books) and facilities (libraries, labs). Great teachers, materials, and facilities could not be found except at the expensive schools. The school also tested students but testing made up an insignificant part of the total expense.

Now the costs of providing the education is going to zero. Instead of highly paid teachers lecturing tens of students at a time, Sal Khan is making video lessons that are viewed by tens of thousands. Instead of expensive textbooks, Wikipedia provides better information for free. Instead of recitation hours in a classroom, students are tutoring each other online or testing themselves with flashcards.

Traditional educational institutions are being left with a shrinking value proposition. They screen students (admission). They verify that students are doing the work and learning (testing). They graduate students (certifying). These functions are not what traditionally justified their high cost.

Of course becoming competent requires significant time and effort on the part of the student. But this doesn't mean that the means used by the student need be expensive. One can become very physically fit without joining an health club and hiring a personal trainer.

daimyoyo• 15 years ago

While I wish him the best of luck, I'm not sure of the timing of his decision. After all, it's not as if people won't need help learning new things next year. Plus, he's got great traction so it's unlikely he'll be friendstered before he graduates.

MIT junior dropping out to work on education startup he founded 5 years ago

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