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 UK Times
March 16 2000  UNITED STATES

US billionaire to launch free cyber university

FROM BEN MACINTYRE IN WASHINGTON



ONE of the United States's newest high-tech billionaires will today announce
plans for the first free Internet university, offering an "Ivy League"
education online to anyone in the world at no cost.
Michael Saylor, 35, the chief executive of the MicroStrategy software
company, is donating $100 million (about £63.5 million) to start the project,
which will eventually expand to include multiple degree courses taught by the
"geniuses and leaders" from across the globe.

"Done right, this will impact the lives of millions of people forever," Mr
Saylor, whose wealth is estimated at about £8.25 billion, told The Washington
Post.

The project could revolutionise academia, according to Mr Saylor, who argues
that, with new technology, "there is no reason someone in a jungle in
Colombia couldn't get first-rate exposure to the finest teachers in the world
through the Internet".

Under Mr Saylor's plan, teachers, leaders and experts will videotape lectures
and seminars at a centre to be built in Washington. These would then be made
accessible on the Web, along with other academic and research materials,
eventually creating what Mr Saylor described as "a Cyber Library of
Congress".

A course on the Vietnam War, for example, would include not only footage from
battles and demonstrations, politicians' speeches and copies of originals
documents, but also lectures by key players, such as Henry Kissinger, the
former Secretary of State, and Robert McNamara, the former Defence Secretary.

The multibillionaire is also urging Congress to make grants that would enable
cyber-students to buy the necessary hardware and software to attend classes
at the non-profit university.

Most universities already have Internet projects under way and several online
universities offer degree courses, but the Saylor project will be the first
to provide free remote learning on such a huge scale.

The computer magnate says that his vision is an intentional but beneficial
threat to the traditional concept of a university. "Universities will lose
control of knowledge, as they should," he said. "We all share the right to
our leaders and geniuses."

Mr Saylor is expected to announce his first donation to the unnamed charity
project at the Greater Washington Business Philanthropy Summit today. No
estimate of the eventual total cost has yet been made. "I'll contribute more
over time until it's done. Other philanthropies might want to come on board.
If not, I'll do it myself," he said.

MicroStrategy sells software enabling businesses to refine raw data and pitch
products more accurately. The company's stock, more than half of which is
owned by Mr Saylor, has risen from $15 a share last April to almost $300
today.

Mr Saylor is not only the richest person in the Washington area, but also one
of the most intriguing. Despite his huge riches, the computer magnate lives
in a modest townhouse and drives an elderly car, while throwing parties so
lavish they have entered local myth: every year, he takes his entire staff on
a week-long Caribbean cruise.

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