Quote: “I just wanted to become really rich and do it on my own terms”

Andrew: I actually went to the way back machine to see what you were up to before you did this, to see who you were. And you had your resume up and I looked at it and it’s pretty freaking impressive. In addition to three degrees from MIT which a lot of us have seen in news stories about you and the one from Harvard, you worked at Oracle. You worked at a venture capital firm. You were on a path to be one of these rich people of Silicon Valley. You’re not going to be that now, right? Not with this.

Sal: Unless they make a movie about the Khan Academy. Yeah, you know, it’s funny. When I was working at a hedge fund, the six years after business school, I was the senior analyst at a hedge fund, and it was doing well. And then, my manager retired. He encouraged me to start my own fund. So, I was on that track to kind of be a hedge fund manager and all of that. But, the whole time I kind of rationalized that the only reason that I’m doing this is because I want to, one day, start a school.  In my mind, I didn’t want to start a school, write grants and go to the Department of Education and get a charter and all of that. I felt the constraints. I just want to become really rich and just do it on my own terms. So, that was my rationalization for just trying to generate alpha day and night.

From Andrew Warner’s Mixergy interview with Salman “Sal” Khan, who has created more than 1,500 free educational videos on YouTube, which you can check out here.

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