Lambda School's Austen Allred: "Go to university - if you can pay for it in cash"

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The Sunday Times’ tech correspondent brings on Austen Allred, founder of Lambda School, to talk about how he moved to Silicon Valley and lived in his car (2:50), getting his first job (5:05), his first failed startup (6:05), trying to kill payday loans (9:05), landing on his current startup idea of offering free university in exchange for a cut of students’ income (9:50), the education problem (11:50), going to Y Combinator (113:50), expanding the model into other industries (15:00), soaring university costs (17:35), the reasons behind it (21:30), why education has been overlooked as a target for disruption (23:00), the cultural role of university (24:25), how he chooses students (27:45), how universities have responded (29:35), raising venture capital (31:10), the importance of Twitter as a marketing tool (31:40), betting all of his money on Tesla (34:40), finding professors for his school (38:05), and his plans to offer free room and board as well (39:35).

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