French billionaire Xavier Niel is investing $ 100 million to bring 42, his Paris school for programmers, to Silicon Valley.
From Paris to Silicon Valley: French entrepreneur and billionaire Xavier Niel (129th place among the rich in 2016 and seventh in France, with an income of $ 8 billion), is investing $ 100 million in his own pocket to bring 42, his school for programmers, in Silicon Valley.
The name 42 pays tribute to the science fiction series by Douglas Adams The galactic guide to hitchhikers, the answer to the fundamental question about life, the universe and everything. The school, based on an open educational model, was founded by Mr. Niel in France three years ago. At school 42 there are no teachers, books, resumes and free participation! You will be on a 200,000-foot site in Fremont with an investment of over $ 62 million, right next to the Facebook campus in Menlo Park. The non-profit school will be equipped with 600 Free beds, for less well-off students. Studying in the US very expensive, many ordinary families cannot afford it, said COO Brittany Bir in an interview with Forbes. At the same time the big technology companies in Silicon Valley are always looking for developers to grow. We believe that our revolutionary model will fill this gap. The American statistics of the Bureau of Labor Statistics estimate that by 2020 there will be 1.4 million jobs available in the IT world, but only 400,000 graduates with the skills needed to apply.
10,000 students in 5 years42 will be open to young people between the ages of 18 and 30, with no other degrees or diplomas and no programming skills. It will take 3 to 5 years to complete the training, depending on the students.