Hacker News Reader

This does not get you the two primary benefits of attending a top tier school: 1) the social proof that comes with a credential like an MBA from Stanford or 2) the instant network of friends and alums.

(Furthermore, the other comments about accredited investors is spot on. And lastly, imagine somebody told you they did this and lost it all, would you hire that guy? No, you'd think he's nuts.)

View on HN

As an angel you are invited to many events where you can connect with other angels and networks.

Even better it's not a future network that will grow over the time as previous students get at better places and positions, it's an already active network of more senior people and you'll meet them as homologue not in a student/professor relationship.

You can probably get a better network by loosing 120k. May be you could choose the right categories of startups to meet the category of people you are the most eager to meet ?

The accredited investor stuff is pretty US centric, so even if it is spot on it does not apply to everybody, but the advice is simply bad even without that.

Reply on news.ycombinator.com