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Comment on Ask HN:You have $1b to found your own university. What do you do?

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Project based learning. Students propose projects as a team, relevant faculty mentor them. For example, to learn web dev a student might propose building a SaaS app. He would ask relevant faculty to mentor him and peers to work on it with him (devs, admins, designers, ). The team would elect a leader and have regular checkins with their mentors. The only job the mentors have is to help the team succeed. If they want to do their own research or work, then they should encourage a student to find a team and propose it as a project.

Each student could do 8 projects over 4 years. If one takes off, they're in a position to take a break and try to make it as a startup. That'd be encouraged by their mentors, and ownership / IP would be structured to benefit the students with a slight stake for the mentors and university (< 5%).

This would provide many real world skills (what you're doing in the project, leadership, working with others, etc). It'd also help the students build a track record of independence and success.

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