Do you think traditional schools / colleges shifting to online mode during COVID messed up the EdTech space ?

I don’t think so I’ll give some examples of what is doing well, what isn’t: 1) Kids Extracurricular - Did not work post covid. Kids needed to be engaged during covid, learning had to be continued. Then, parents wanted them to go out, do things physically. It failed. 2) Small group educational classes (school) - Does not work unit economics wise. CAC too high, with teacher costs included, making ROI became tough. It failed. 3) Scaler/Coding Bootcamps - I still feel these are doing well. There’s a reason, these are adults, they have purchasing power (post their first job), they have a strong willingness to learn (WITCH has taught them life is unfair). Here, great faculty cannot be found offline, and hence online worked At least from my learnings in the space. It needs to be a mix of students who can afford (not true for BYJUs), students who have willingness to learn (not true for courses sold to most college students), and some reasons for why online > offline (learning dance offline is just obviously better, but coding can be done online better) I think fundamentally well thought Edtech models will continue to do well once this lack of clarity dies down

Well agreed with @WittyFeed on their pointers! Having been in the space, sharing a bit more excerpts from my experience and industry research (again based on my personal understanding and context, so don't generalise it 🙂) 1. For extracurricular: This should never have been done. As an active musician and artist, extracurriculars have always been about peer learning and touch n feel. You cannot replicate these things online completely given the drop outs for hobbies are higher when done in silos! That's an inherent psychological behaviour of humans, and this is why I always found these ventures to be absolutely not scalable (can be proven wrong maybe for arts or others if there is more integration of AR/VR but it will still not find takers, like you can never be a guitarist without having felt your instrument or an artist having felt your paint and build your own style into it) 2. You may see a rise in Ed-tech focused on improving the current infra. To give you some context, most of the colleges right now lack the expertise and understanding of how to evolve their curriculum to make it more meaningful. This opens up a great space for companies that can bridge that gap, think orgs providing a virtual environment for software projects, or 3-D printing sessions for prototyping. These could well be paid for from colleges fund to foster innovation or entrepreneurship. 3. Bootcamps will be replaced with more real-time training. Think of an ed-tech that essentially not only gives you fundamentals available so widely but also brings you real life projects from orgs. This can be a win win for orgs and ed-tech alike, while young professionals get to build relevant PoW, orgs can get new initiatives rolled out at lesser costs and also use that as a baseline to hire these individuals full time 4. B2B Ed-Tech- This definitely needs a big overhaul if companies are to retain employees and want to attract talent. So far ed-techs have been acting centrally as the course designer