Lee Jin, partner at Andreessen Horowitz (a16z), compares the selectivity and competitiveness of K-12 teaching careers in China with the United States.
Assertion Supported
Li Jin: Mental health startup Basis uses unlicensed community coaches as therapists
“So one startup based in San Francisco is called Basis, and they're using unlicensed but trained people in the community to basically serve as therapists.”
Insight
Jin: ISAs force education providers to shorten programs and focus on employability
“And the result of that business model is that The programs themselves then are changing to sort of drive that positive outcome for everyone. So the programs are getting shorter because they're incentivized to get that payback sooner. They're incentivized to ac…”
Assertion Supported
Jin: Top business schools like Harvard and Stanford face declining MBA applications
“The number of applications is shrinking across the board, and the institutions that historically were thought of as immune to this, so Harvard Stanford, GSB, Wharton, the top, top business schools, They're now experiencing this, too, where they're seeing year …”
Prediction Not checkable as stated
Jin: Academic accreditation will erode as a quality signal for employers
“But I think with the internet and now with all of these programs and like the availability of reviews and the availability of like various assessments and other measurements of a student's competency and mastery of a subject, I think the era of accreditation i…”
Insight
Li Jin: Top marketplace companies face constrained supply rather than demand
“One of our observations about the best marketplace investments and the best marketplace companies are that they tend to be marketplaces that have more constrained supply than demand. So the biggest marketplace outcomes that we've seen, or the biggest marketpla…”
Prediction Not checkable as stated
Li Jin: Regulated services are the next major marketplace category
“And so in other words, we're looking for categories where there's a lot of demand that is being unfulfilled today. And so that leads us to what we think is next, which is regulated services and marketplaces that address regulated services.”