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Fortune
Fortune
Preston Fore

Despite dropping out of MIT to build $159 billion fintech Stripe, its CEO has a warning for Gen Z who want to copy him: ‘That was a poor intuition’

Patrick Collison (Credit: Brian Lawless/PA Images via Getty Images)

As artificial intelligence fuels a new startup boom, debate for students over whether to spend years—and potentially hundreds of thousands of dollars—earning a degree or dropping out to chase the next billion-dollar unicorn has intensified. But Patrick Collison, the billionaire cofounder and CEO of Stripe who dropped out of MIT (not once, but twice), recently told Gen Z they shouldn’t feel pressured to rush that decision.

“When I was dropping out, people thought it was super weird,” Collison said last week at Y Combinator’s Startup School. “I think, overall, if you enjoy college, I think there’s no harm in finishing. I felt this real sense of urgency, which I think, in hindsight, was a bit unnecessary.”

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