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Last 5 comments by Don Dodge
This is a very unusual approach, one I had never heard before. Does it work? Only time will tell. Founders Fund has a very different approach. Most VC firms are somewhere in the middle.
BTW, Max, most VCs are former entrepreneurs themselves and have done it multiple times. They know a lot about what it takes to start a company and make it successful. Your mileage may vary. :-)
Over the past 15 years I have hired software engineers in Boston and Silicon Valley. It is really tough, the starting salaries are higher than any other position in the Tech world, and advancement is very rapid for talented engineers. The economic forces are speaking loudly that engineering is highly desirable. Add to that the number of engineers the US imports from abroad, the need always exceeding the number of visas available, and it sounds like a tight market to me.
That said, I agree that the high dropout rate has more to do with poor math skills of applicants, and poor screening by college admissions people. Engineering education can and should be improved. Yes it is hard, but it doesn't need to be boring and torturous.