Everything Keith Schacht said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Schacht: Parent educational product spending collapses during elementary and middle school
“Once you send your kid off to school full-time, parents remain involved in some respects. I think reading is one of the main ones. They still think, feel like it's their job to make sure they're reading regularly to their child and helping to reinforce, you kn…”
Schacht: Teaching science primarily to fill STEM job shortages is mistaken
“I think it is an absolute mistake to say that we should teach children more science because there's a lot of STEM careers out there that, that, that need to be filled. Like, that's absolutely the mistaken approach.”
Schacht: Children cannot be taught anything they do not want to understand
“When you understand that a child's motivation is central to learning, you, I mean, one of our internal principles, you can't teach a child something that they don't care to understand. Like, if they don't want to understand it, no amount of trying to shove it …”
Schacht: The science of learning is in its infancy like genetic engineering
“When you think of yourself as a learning company, learning is a field that's in its infancy right now. And it's deceptive because it's an old industry. So it feels like, well, we figured all this out and, you know, that's just like, I don't know, some efficien…”
Schacht: Edtech technology adoption lags enterprise software by ten years
“In the school space, I think that's one of the most significant things is it's, from my perspective, it seems like it is mirroring the enterprise cycle lagging about 10 years or so.”
Schacht: Legacy publishers sell top-down while new edtech sells bottom-up
“We've got the Pearson, McGraw, Houghton Mifflin, that generation of companies who still assume they're going to sell top down and roll out, and then Mystery Science and other tech companies that, that just do the a la carte and roll it up.”
Schacht: Best learning business opportunities will be outside existing stack
“So most likely the business opportunities in the learning space will be outside of the existing stack.”
Keith Schacht
Y COMBINATORLEDGER