Here's why the traditional college model will probably never die

Here's some research from Stanford University on what exactly first-stage investors (in startups) are looking for when they give money. The essential "elevator pitch" of the story is that an early-stage investor typically has 1,000 meeting requests in a year, has to choose which 50 to take, and then funds maybe 1-2 of those 50. It's a serious funnel. S…