LA Times reporter Teresa Watanabe gives a good accounting of what happened at Venice High School in Los Angeles.

The LAUSD board approved an “incubator school” to teach middle school students how to start their own business. How cool is that!?

However, the Venice community–parents and students–reacted negatively and the business school for pre-teens may have to go elsewhere.

Ah, innovation. What will they think of next? Day trading in kindergarten?