Its not a for-profit business, its a donation driven — funded by a 501c3 and seeking its own 501c3 status — entity leveraging political tribal identity to target small donors and with large donors motivated by its political propaganda aims.
The main risk it faces is that entities with similar propaganda mission and appealing to similar tribal identity are already thick on the ground, but that hasn't seemed to be a major problem for new entities in the space recently, so I wouldn't bet against them succeeding to the extent of creating an durable operation, even if its never anything credible as a university.
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I don’t think these guys have enough money to make it as a university. Where’s their anchor billionaire? Are they doing this Lean Startup style?
Its not a for-profit business, its a donation driven — funded by a 501c3 and seeking its own 501c3 status — entity leveraging political tribal identity to target small donors and with large donors motivated by its political propaganda aims.
The main risk it faces is that entities with similar propaganda mission and appealing to similar tribal identity are already thick on the ground, but that hasn't seemed to be a major problem for new entities in the space recently, so I wouldn't bet against them succeeding to the extent of creating an durable operation, even if its never anything credible as a university.
The US has around 5000 universities. Not all of them were started by anchor billionaires.