As the title says. Have worked close to 10 years now in this industry. Can answer on how sales, marketing and operations work here. Never had visibility on funding etc but have seen the ill effects of toxic VC money
I recently shifted to edtech, do you see this as a promising sector in the future or just surviving on VC money?
This currently only surviving on VC money and I think this has done more harm than good to the society. Education can’t be scaled very fast, it needs time and patience. At the end edtech can create value, but not necessarily money. Education should be a social good and shouldn’t be seen as a traditional business. Things can change if people who actually teach can start running these companies as well.
Is the impression that Edtech firms have been all about rapid scaling fair in your opinion and is there really value to be gained as an Edtech business with more gradual and organic growth
Rapid scaling is bad. Perfecting to teach for outcomes, takes time. Edtechs can move faster than universities but not at their current pace.
For most companies, why is sales more important iF EdTech is such a big need of the country?
Because they don’t perfect their product and straightaway jump into selling. Also most run on venture capital, there is an unrealistic vc greed that they need to chase. Easiest short term fix for them is to splurge on marketing and sales.
In K12 your user and buyer are different. Student, who is your primary user and engaged in your product does not have purchasing power. Parents have hardly interacted with your product and the sales person becomes in picture
Thoughts on online MBAs ?
thoughts on mastersunion/stoa?
The thought behind these ventures is not really bad, but the moment you have very traditional management running the show, things start falling apart. I don’t know the team in these two companies so can’t comment, but believe educators with managerial talent, should be running the show.
Working for one of the leading EdTech platforms. Ever wondered what goes on here or want to know things from the other side AMA and I’ll try answering as much as I can.
Most Edtech startups seem to be providing very little value, and are pure sales machines. Learning is super important, and I’m beginning to realise I’ve not done any structured online learning in the longest times (Coursera early days, B...
Graphy has forced a 30% salary cut on each employee to achieve profitability this year. This cut will be applicable from February onwards until 7-8 months.
Truly a sad time for the Edtech ecosystem.
I repeat: If you have options, avoid joining EdTech companies. If you're already working for one, exit at f...
Do you think that most of the edtechs for College students and professionals just dump a ton of web developers, who have also crammed up DSA.
Once, a Scaler sales person called me and we talked for almost an hour. I said that I'm alrea...