He Co-founded $2B Udemy. Now a16z Gave Him $42M to Rethink College - Gagan Biyani

Luba Show • • 51min → 3 min • #35
He Co-founded $2B Udemy. Now a16z Gave Him $42M to Rethink College - Gagan Biyani
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Summary

  • Gagan Biyani, co-founder of Udemy ($2B public company) and Maven, is now founder and CEO of the Horowitz Andreessen Academy, a new school backed by a16z with $42M and founding partners Anthropic, OpenAI, Google, and Nvidia; Mark Andreessen sits on the board, and the first class of 50 students pays no tuition.

The academy: a one-year fellowship built around building, not class

  • The academy is a school designed specifically for young builders straight out of high school, starting with a 12-month “founder class fellowship” and eventually expanding to a two-year program.
  • The model flips traditional college: students spend the vast majority of time creating real projects rather than attending classes, though top practitioners still teach skills like product sense, AI-native architecture, and new media.
  • The goal is to develop humans with three core characteristics: AI-native building (systems thinking using today’s tools), high agency (ownership over one’s impact rather than rule-following), and people skills (conversation, storytelling, rallying others — skills that are “AI-proof”).
  • The environment is built for self-starters and autodidacts who are bored by standard pacing; it is explicitly not for people who want to be told what to do.

Why schools suppress agency and how the academy differs

  • Schools reduce student agency to minimize liability and create predictability, but this trains rule-following over ownership — a mismatch with what makes great employees and entrepreneurs.
  • The academy’s culture aims to distinguish good rules from bad ones: students can challenge norms if they have a good reason and engage in conversation, rather than facing automatic suppression.
  • Peer network is central: the academy recruits the top 1% of young builders so they can feed off each other, replicating the “best network” value proposition of elite colleges but focused on makers.
  • The broader network includes a16z’s ecosystem of CEOs, VCs, and mentors — a structural advantage over traditional universities.

Gagan’s path: from Rajasthan grandparents to Udemy, Sprig, Maven, and the academy

  • Two generations back, none of his four grandparents finished high school in Rajasthan, India; his father became a software engineer in the US, and his mother made education the singular family priority.
  • At 13, he co-founded a speech and debate camp teaching younger kids, reaching 50–100 students per summer with ~50% EBITDA margins funding the school program — but faced constant resistance from administrators worried about liability, not support.
  • At UC Berkeley, he graduated in three years, held seven jobs, rarely attended class, and loved only the great professors (e.g., Econ 1); most professors prioritized research over teaching and lacked practical experience.
  • Udemy democratized education via a marketplace model (courses $10–20), becoming one of the largest education sites globally; he left after 3.5–4 years due to a co-founder falling out, a hard lesson in interpersonal skills that later shaped the academy’s emphasis on people skills.
  • Sprig raised $60M building full kitchens and delivery in SF (1,300 employees at peak) but shut down; notably, many Sprig investors reinvested in Maven — a “fail upward” dynamic Gagan calls unique to Silicon Valley.
  • Maven became an AI training platform for mid-career professionals with practitioners from OpenAI, Anthropic, etc., teaching function-specific AI skills plus leadership; after six years, it’s pivoting to B2B enterprise training under new CEO Rish (former VP of product).

Why partner with a16z instead of going solo again

  • Great ideas are rare; raising VC at 18–19 is a 10-year commitment most young people aren’t ready for — the academy gives them a peer network and time to mature before that leap.
  • The idea originated inside a16z (originally “a16z Academy”); Andrew Chen (Maven board member) brought it to Gagan, who immediately wanted in. After ~10 meetings with Ben Horowitz, Mark Andreessen, Jason Rosenthal, and Eric Torenberg, the partnership formed.
  • a16z provides two networks: the peer cohort of elite builders, and the mentor/VC/CEO network only a top venture firm can convene. Mark Andreessen and Eric Torenberg joined the academy’s board.
  • The academy will eventually spin out with its own brand but launches with a16z’s network fully activated — dozens of “legends” involved as investors, faculty, speakers, and mentors from day one.

Leadership challenges and personal growth

  • Gagan retains founder/CEO latitude; a16z’s culture (e.g., Eric Torenberg’s “I leave that to you”) reinforces trust while offering access to world-class advisors.
  • Biggest worry: recruiting the absolute best students globally, then preventing entitlement (“I got into a16z Academy”) and pressure — he wants high ambition with high support, low pressure, and a culture of humility where what matters is what students build after.
  • He’s learning to be more patient and to keep “breaking rules” thoughtfully: the academy will have few but good rules, and students must discuss rule-breaking with staff rather than act unilaterally.
  • Key mentors: Andrew Chen (strategic, patient, marketing/go-to-market mastery) and Russ (seven-time entrepreneur, multiple IPOs, brutally direct yet warm — taught tactical VC negotiation and compensation conversations).

The north star: build the greatest school on the planet

  • Gagan wants to prove an alternative to traditional college can work at scale, inspiring existing institutions to evolve — especially as AI reshapes what education should deliver.
  • The vision is not anti-college but pro-better: create the next great institution where the most ambitious young builders get the freedom, peers, mentors, and practical skills to shape the future.
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