Online startup seeks to rival the Ivy League

Former Silicon Valley CEO Ben Nelson has two years and $25 million to transform higher education, Reuters reports. The 36-year-old executive, who has run the Snapfish photo-sharing website and the Redbeacon home-maintenance site, said this week that he had landed $25 million in seed money for an audacious new venture: creating an elite global university online. From scratch. The Internet already teems with online universities, both private and public, respected
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