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February 28th, 2004 - Open Knowledge

Feb. 28th, 2004

11:50 am - The tyranny of the diploma

http://www.forbes.com/forbes/1998/1228/6214104a_print.html


The tyranny of the diploma


AT 16 XAVIER DELACOUR dropped out of Albany Academy, a private day school. He went to work hawking Egghead software out of a store in Albany, N.Y. for $6 an hour. Explains Delacour: "My head was set more towards getting my career set up." A quick learner, he was soon writing software code for a local car dealer. Delacour was only 17 when he was hired by a Marlborough, Mass.-based startup, Attune, LLC, where he's helping design a gadget that writes original music and plays it on the Internet in CD quality. Attune plans to license the gadgets to Web sites, which will sell them at $90 each.

At an age when most kids enter college, with their earning years still well in the future, Delacour, a soft-spoken teen, has his own apartment and should earn $50,000 next year, plus a 10% share of the company's profits.

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