Netflix’s Reed Hastings Gives $20M To Minerva University, An Emerging School With A Distinctly Global Approach To Higher Education
deadline.comNetflix co-founder Reed Hastings has given $20 million to Minerva University, a school focused on educating what it describes as “new generations of wise leaders and purpose-driven entrepreneurs” from dozens of countries.
The gift “lays the foundation for Minerva University’s long-term sustainable growth,” a press release said. It builds on previous donations by the Netflix Co-CEO, which supported 4-year scholarships for nearly 100 students.
The San Francisco-based school was established in 2012 with $25 million in funding from Benchmark Capital. It has “accomplished so much in a short time: from innovative concept, to small pilot, to U.S.
accreditation with over 600 students and nearly 600 alumni,” Hastings said. “This gift is intended to set Minerva on a trajectory towards educating many more thousands of students from around the world and dramatically increasing its positive impact.” Students at Minerva come from more than 80 countries and experience “immersive living and learning” in seven countries while learning about a range of global challenges across industries and cultures.
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