I'm guessing they plan to charge referral fees for their graduates. Even so, this sounds unsustainable.

This article might help clarify: http://pandodaily.com/2013/08/26/job-recruiting-in-silicon-v... we see this as an opportunity to fix talent development and placement in a big way. Put it this way: consider the difference between an "engineering referral" from two experienced engineers who have spent weeks with each carefully selected candidate versus other models today. We have spent quite a bit of time exploring the sustainability of this. All I ask is you reserve judgement, we have a lot of ideas of how we can make this work.