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Billionaire Michael Saylor, founder and chief executive of the software company MicroStrategy, is donating $100 million as a first "down payment" on a new online university that he says will offer "Ivy League-quality education" through lectures from the world's "geniuses and leaders" who will donate their services to get recognition (if they're unknown) or to contribute to posterity (if they are already famous). The university will soon begin hiring a chief administrator and curriculum experts, writers, editors, producers, marketers, and hardware and software experts. Saylor, who compares his idea to 19th century industrialist Andrew Carnegie's establishment of free public libraries, says, "Universities will lose control of knowledge, as they should. We all share the right to our leaders and geniuses."
(Washington Post 15 March 2000)

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