Remember the AOL squatter?

Eric Simons won Web-wide notoriety in May, when officials at AOL's Palo Alto campus discovered the young entrepreneur had been living there to save cash while getting his startup off the ground.

But while security showed Simons the door, his high-tech twist on Oliver Twist caught the imaginations of several angel investors. With their backing, Simons and his team of four were able to rent space in Palo Alto.

And next week, Simons will take the wraps off his new company, an online community called Claco that lets teachers share lesson plans and tips.

"We're crowdsourcing education," he said, "to give every person in the world access to the best teachers."

Simons got the idea three years ago while a high school senior. "The content being used in the classroom right now is very static -- it's not engaging," he said. "And the process of developing new content is time-intensive for teachers."

So after graduation, he left the Chicago suburbs and headed west. His parents, he admits, "weren't thrilled" that he wasn't going to college. But how ya gonna keep 'em down on the farm after they've seen "The Social Network"?

"You could feel his enthusiasm, and he's a fantastic coder," said Tim Brady, Claco's first investor -- and a guy who knows something about startups, having been the first hire at Yahoo (