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San Francisco · Andreessen Horowitz · Sam Altman · Jensen Huang ·

Higher education, he noted, is a $2 trillion industry

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The Academy is putting $42 million from a16z and a group of individual investors into the one-year San Francisco-based program.

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For elite students, college has never looked like a worse deal. “The bet is that there’s an opportunity to educate the next generation in a way that is more future-forward, and that’s a big market opportunity,” Gagan Biyani, a cofounder of $3.2 billion ed-tech unicorn Udemy who is now running the new Horowitz Andreessen Academy, told Fortune. The Academy then intends to seek regulatory approval for a two-year program starting in 2028. Biyani insisted that the school isn’t a rejection of the premise of higher education—”they believe in college,” he said.

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