| As a note, they do handle money. They charge $600 for a course on how to replicate their community elsewhere. I don’t know about tuition for other courses because the links are broken. Some skepticism for me creeps in the more I peruse the fractal sites. Course links for the summer semester are broken, and a lot of the working content seems to be somewhat self-indulgent, reading more like a normal unremarkable friend group. The MLM/cult vibes I’m getting are that the main purpose and monetary incentive seems to be in the mere existence of the “community” itself, and selling that aspiration as a $600 course. The website for the course (fractalcampus.com) is a bog-standard tech startup marketing landing page including “as seen on…”, testimonials, and other calls to action to buy this $600 course. Notable with that course, we are talking about a paid course being sold where the only person with a true success story is the person selling the course. The Boston iteration seems to only consist of a weekly dinner so far. Doesn’t that sound familiar, like every other influencer selling a self-help course we’ve ever seen? I think if the paid course and stated analogy to YCombinator wasn’t a part of it I would be more enthusiastic, like, “yeah this thing is awesome, a real community that goes deeper than small talk, you’re all getting together and learning from each other and truly engaging.” But then the more I think about what they’re actually doing as actions rather than words, the more I feel like this whole thing isn’t 100% honest. The founders’ biographies support the idea that they are a tech couple who exited with lucrative equity and are now landlords as their main job and that this is a glorified real estate course. “Co-living” is just a drop-in word for “landlord.” “FractalU isn't a business or a nonprofit. In fact, it's not a formal organization at all.” I’d put five bucks down that there’s an LLC or trust involved somewhere. Idk, maybe I’m reading too deep into this, but there are a lot of scams in this world and I think this might be one of them. |
> So instructors must deal with collecting money and managing taxes on their own.