Keep pulling the thread on Joe Lonsdale.
Joe Lehmont is personally committing the first $1 billion to fund his global education initiative.
Alpha School plans to launch its software platform, named 'Time Back,' to the public next year with the goal of reaching one billion children.
The minimum salary for a guide (teacher) at Alpha School is $100,000, which is approximately double the average teacher pay in the Austin market.
Alpha School has built a learning engine, leveraging AI and learning science, that it claims enables students to learn 10 times faster than in traditional school settings.
Alpha School claims its students' academic performance ranks at the top of any school in the United States.
At Alpha School, a student can learn an entire grade level's worth of material in a single subject in approximately 20 to 30 hours.
Students at Alpha School are able to achieve the top score of 5 on AP exams with a maximum of 75 hours of study.
Alpha School's model enables students to learn twice as much material in two hours per day compared to a traditional six-hour school day.
Joe Liemandt predicts that within the next five years, a tablet costing less than $1,000 will be available that can teach any child all necessary academic material in just two hours per day.
Alpha School's K-6 campus in Austin reports more students achieving a perfect score on the Texas STAR test than an entire public school district with 100,000 students.
Alpha School plans to release beta versions of its 'Time Back' learning platform between August and December of the current year.
Alpha School is currently in a cash burn phase, spending hundreds of millions of dollars to develop its educational platform and business.