Executive Summary of Start-Up Project History

Executive Summary 

of 

Start-Up Project History

            The following article is a summary of Khan Academy's history.

            Note: This is from my CET 488 homework and I chose the reading piece I choose in the LMS field in the startup idea field.

            Linki = https://www.npr.org/2020/09/18/914394221/khan-academy-sal-khan

 

People want to access free education to improve themselves or help their little relatives. To meet this need, Sal Khan has come up with Khan Academy. He had quit his job, where he can get a high salary. He had lived with his uncle. His mother worked as childcarers. In high school-aged, his mother married. He is the only brown kid in the school. His mother came from India. He was a singer in high school-aged. He was chosen to represent the national academy. He went to MIT. After he graduated with organic chemistry from MIT, he talked with his friends and learned his friends can earn high salaries. For his startup, he worked. His startup collapsed. He decided to leave and wanted to go to business school, which is Harvard. He felt lonely during this time. He took a financial lesson and loved it. His teacher suggested he be in a hedge fund, where people can earn very high salaries. He got several times rejected. He started yahoo every day with Madiha by asking basic maths questions. He also motived her. Then, he got a request to help. He spoke with a hedge fund. He researched as a hobby. He thinks youtube is for cat videos but not for learning videos. Then, he thought to make a video and researched how to do it. Then, he uploaded these videos on youtube. He got donations every month. He earned 10 thousand dollars, which is the largest donation that Khan Academy got. He went to lunch with the person who donated this money and they talked about why he was doing this and so on. He asked how he could support these and he said he could not. And he got a hundred thousand dollars. Bill Gates used Khan Academy for his children and he knows the story of the founder of Khan Academy and makes the founder surprised. He got several calls. He went to lunch with Bill Gates. He got Bill Gates’ help.