EdTech

“I don't. I think it's gonna complement the school experience and life, but I have a hard time saying totally replacing schools because, you know, a lot of the schools are owned by states, by and funded by the government, and it's gonna be a massive, you know, …”

“Most people pursue education because they're looking for an outcome. So looking to change their life or their child's life in some way, as a result of that, trying to sort of create a build it and they will come style open education platform is really well int…”

“There was a period of time when it was a little overhyped and I think we're seeing a bit of a correction from that you know, from like the 2012 through 2014 period of time.”

“If you're going to decide to teach something, there is a big problem, which is, I don't believe there's an easy way to do a really simple app where in some way kind of you crowdsource the teaching from one side to the other. Like, for example, think of Instagr…”

“Education is usually at the district level, at the school district level, where, where things are spent, so it's not like you can have a contract with the whole U.S. School system, or anything like that, and different district levels teach differently, differe…”

“Out of the, you know, thousands and thousands of companies that have been funded over the last decade or so, only a handful, I would say probably 10 or 15, have really broken out past the, let's say, tens of millions in revenue milestone and, you know, are on …”

“Most people that have invested in EdTech have lost money in EdTech, and so, yeah, there's good reason to be skeptical.”

“I have turned down companies before because there is an amazing founder, but it's in ed tech, which just hell or high water. The churn is a complete bitch and Duolingo is the leader, but it's still not a hugely valuable company”