Let’s put it this way: if you can build a $100 billion company by using the Internet to replace the college yearbook—imagine what you can do if you use the Internet to replace college.

That’s what is just beginning to happen. It all became official when the Massachusetts Institute of Technology appointed as its new president the guy who is responsible for MITx, the school’s free online education program.

RealClearMarkets - Bigger Than Facebook (via pieratt)