Jeremy Gelbart Founded Ultrinsic in Order to Motivate College Students with Cash
Compensation in any form is always a powerful motivator, and cool person in technology Jeremy Gelbart counts on that every day as he runs Ultrinsic. Ultrinsic is a website that allows college students to put up their money for the chance to earn more through their grades. Essentially, students deposit a certain amount of money to get access to the site. Once a student has access, they can submit what courses they are taking in a semester and essentially place bets that they will receive A’s in those classes. When a student comes through and makes the grade, they not only get their deposit back but also a monetary reward and their balance on the site increases. When students fail to make the grade, Gelbart’s company takes their deposit and places it into a general fund. Gelbart believes that students can use the site to motivate themselves to perform better and that an immediate monetary stake in their grades will give them a sense of urgency and drive that college students can sometimes lack. Students that have trouble depositing to the site and submitting their courses should get access to PC tech support for help. Read more »
