Darcy Coolican, partner at a16z, shares a contrarian belief about the value of higher education during an education startup panel.
Insight
Spot future tech by finding broken products people still care about
“And it turns out the best way to see the future isn't to look for what's working, it's to look for what isn't working, but people still really care about.”
Prediction Not checkable as stated
Coolican: Edtech innovation will happen outside the US first due to regulations
“I think it's also one of the reasons, you know, that I personally believe that the kind of innovation will happen from the, like, outside in. You know, it will happen kind of outside the US first, where these kind of regulatory moats are not as strong you know…”
Prediction Not checkable as stated
Clean meat has a great chance to surpass real meat
“It's not better than meat, yet. But it's got a great chance to get there, thanks to the product Zeitgeist Fit.”
Prediction Not checkable as stated
Coolican: Edtech innovation will start with non-consumers before moving up-market
“I think, you know, and I don't know if this is always true, but I think probably you will see the innovation come from the bottom up, and you will see the innovation come where right now the alternative is like non-consumption, right? So it won't necessarily b…”
Opinion
Coolican: Lambda School succeeds by combining ISAs, coding instruction, and job placement
“Lambda School is one that seems to be doing great on that and, you know, it's taking, The ISA, the code, the skills, you know, and then lining them up with a job at the end, and it's, you know, found this really great niche in a market by delivering a very spe…”
Insight
Startups die from indifference, not competition or technical failure
“Because the death of most startups isn't because they don't get their tech to work, or their competition out executes them. The death of most startups is indifference. They fail to launch because nobody cared.”