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"The headquarters of what has rapidly become the largest school in the world, at 10 million students strong, is stuffed into a few large communal rooms in a decaying 1960s office building hard by the commuter rail tracks in Mountain View, Calif. Despite the cramped, dowdy circumstances, youthful optimism at the Khan Academy abounds. At the weekly organization-wide meeting, discussion about translating their offerings into dozens of languages is sandwiched between a video of staffers doing weird dances with their hands and plans for upcoming camping and ski trips."

At a recent meeting of the 23-year-old MIT Entrepreneurs Club, one recent graduate of the Sloan School of Management described his plans for a business - one based on his solution to a little-recognized problem that currently costs airlines $10 billion a year. Another alumnus, an engineer who recently retired after a career in the telecom business, talked about his patented approach to fighting wildfires in remote locations. A new MIT graduate student, who just earned his undergraduate degree from the Institute this spring, spoke of three different startup businesses he's currently cultivating in his spare time - one of which he co-founded during his freshman year at the Institute.