Late one night, Michael Koetting, a University of Texas at Austin (No. 185) sophomore, couldn’t crack a calculus problem. Since 90% of UT students use Facebook he wondered who might be online with a similar homework hiccup. Then a light bulb went off: What if he came up with an application that would allow him to video chat and instant message with people who might know the answer?
A year later 378 Beta users are testing Hoot.Me, which allows them to interact with one another via video and instant messaging. To make Hoot.Me profitable, Koetting and fellow students Gaurav Sanghani and Sid Upadhyay plan to sign up professional tutors and collect a transaction fee when they sell time through the app.
To read the full, original article click on this link: Can Schools Teach Entrepreneurship? - Michael Noer - Backslash - Forbes
Author:Michael Noer
