The marginal benefit of a great opportunity given to someone who otherwise wouldn’t have access to a reasonably good version of the said opportunity is very high at both the individual and industry or ecosystem level. For instance, enabling a student from the suburbs of NYC to live and work in Manhattan over the summer would be a great value add not just to her but also to people in her close circles since they are now one degree of separation away from people and organizations that the student built relationships with and they now have access to all the knowledge and learnings accumulated by the student. The marginal benefit of such arrangement is much higher than the marginal benefit of making it simpler for a student studying at NYU to access yet another opportunity. This is so not because we value a student that goes to NYU any less than the student in the suburbs but because NYU already offers a lot of opportunities to its students so adding yet another option is not optimal.
Widening Access
Widening Access
Widening Access
The marginal benefit of a great opportunity given to someone who otherwise wouldn’t have access to a reasonably good version of the said opportunity is very high at both the individual and industry or ecosystem level. For instance, enabling a student from the suburbs of NYC to live and work in Manhattan over the summer would be a great value add not just to her but also to people in her close circles since they are now one degree of separation away from people and organizations that the student built relationships with and they now have access to all the knowledge and learnings accumulated by the student. The marginal benefit of such arrangement is much higher than the marginal benefit of making it simpler for a student studying at NYU to access yet another opportunity. This is so not because we value a student that goes to NYU any less than the student in the suburbs but because NYU already offers a lot of opportunities to its students so adding yet another option is not optimal.