Chai University, Inc. News Bites

We have updated our web site name (now www.chaiuniversity.com) and launched our accredited MBA for $6,000. on January 05

We are making the rounds of funding now. I am getting some great feedback. Good interactions, good questions, the usual skepticism one finds with any new venture. I have gotten some great suggestions and I am going to follow-up. Will be in Palo Alto Oct 6. on September 26

For our followers - I know most of you don't follow-up on your vator.tv mail that often, but I would appreciate it if you would log in, check competitions tab, and vote for our company in the Juicer competition. on September 26

We have updated our company profile today to better reflect our mission. We will be including accredited education for 1/5 the price of other on-line schools. Also, we will be providing micro-education over cell phones to developing nations. on September 22

We just entered the Juicer competition. We would appreciate your vote and support. on September 22

We are starting to get interest in funding now. Investors are coming out of their caves to consider new opportunities. on September 06

We now have 8,000 students in over 150 countries. We have met with many VC firms. We notice that Jack Welch is now in on-line education. We are continuing to determine the best way for us to roll out this project. on June 26

We are over 3,500 students. We are getting close to raising $1 million + of financing. There are many parties interested who may move forward soon. Many are frustrated with the educational system as it is now and wants alternatives. Our business plan resonates with many people. on March 06

We are over 3,000 Students, making us one of the largest business schools in the world. We have finished our plan - the projections really get big. We are talking with investors. There is a lot of interest. We are nearing competition of our on-line learning management system. on February 24

We meet with the Dean at MIT Sloan School for dinner and are discussing collaboration. Perhaps we shall like some schools in China be able to say "MIT inside". on February 05

We keep talking to people who want to fund us. We spoke with someone who thinks he can help us raise $2 million in angel money now and another investment banker as well in NY who also thinks he can help. on February 02

Today we met with a potential distributor of our services throughout Asia. He has built and sold e-commerce companies before and is also an NYU graduate (where I used to teach). He can help us make alliances with schools throughout Asia and bring in students there. on January 30

Today we finished drafting our first joint venture with a good college. We will be offering accredited classes to our students very soon. on January 28

We have engaged a great group of people to help us. A good friend, partner in the business, pioneer in on-line education, and currently a Professor at 3 different schools. An amazing financial guy - 25 years out of HBS and Wharton. A fantastic strategic guy with great ideas. on January 27

One of our employees called her former boss, a major money manager. She sent him some information about our business, and he called and said - send me the plan and terms! She said - he never says that. Great! We continue to crank on the plan. on January 27

Today, we are seeing some very cool new Internet communication technology which allows dedicated bilateral video, audio and text communication between our members. on January 23

We received our first individual investor - a corporate strategist from Paris - a graduate of Standford Business School and the Sorbonne. He analyzed our market and company and decided to invest. Thank you! Also, thank you to Wilson, Sonsini for the documentation and closing! on January 21

This week, we were selected to participate in Vator.tv's micro-blogging program. Thank you Vator! NY Times best-selling business author Marshall Goldsmith joined us to spread information on his work. We are now working on our business plan. on January 19