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There is opportunity in edtech, but it's much harder to find viable business models that have VC-worthy returns than in most other verticals. Most edtech compan
by twunde 3y ago
There is opportunity in edtech, but it's much harder to find viable business models that have VC-worthy returns than in most other verticals. Most edtech companies are either B2C or are selling to school districts or universities. Selling to school districts has unique changes due to school boards and often grant-based funding models. This makes getting initial traction and scaling up more difficult. If you look at successful companies in the space like teachers pay teachers, or clever you'll see that many have relatively small amounts of funding and have been around for more than a decade in order to get acquired.