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Immersion Ed

also referred to as: immersioned

12 statements across 2 episodes · 8 bullish · 2 bearish · 3 people on the record · first statement Sep 25, 2024 by Chad Wilson · said 15 times in 2 episodes since 2024 · across every show →

Mentions by year

brought up most by Jesse Middleton (7), Josh Muccio (6), Chad Wilson (2)

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2024 15 mentions in 2 episodes 8 per episode

every mention, scene by scene, with the transcript →

Everything said about Immersion Ed, oldest first

Sep 25, 2024
Disclosure
Chad Wilson: Immersion Ed costs $40k and six weeks per 20-minute episode
“So right now it takes around a month and a half to build an episode currently. And so that translates to around 40,000 dollars per 20 minute episode.”
Chad Wilson Sep 25, 2024 ▶ 7:17 Can Generative AI Transform Education? Immersion Ed's Bold Pitch
Sep 25, 2024 positive
Assertion Not checkable as stated
Wilson: Pilot students found Immersion Ed 40% more engaging than coursework
“From that group, we selected 50 for our pilot program this past school year, and participating students showed that they viewed our games as 40% more engaging than their traditional coursework.”
Chad Wilson Sep 25, 2024 ▶ 2:41 Can Generative AI Transform Education? Immersion Ed's Bold Pitch
Sep 25, 2024 positive
Assertion Not checkable as stated
Wilson: Immersion Ed launched to 35,000 schools via affiliate partner
“Best of all though, yesterday, we launched to a network of 35,000 schools through our affiliate.”
Chad Wilson Sep 25, 2024 ▶ 2:57 Can Generative AI Transform Education? Immersion Ed's Bold Pitch
Sep 25, 2024 bullish
Prediction Not checkable as stated
Wilson: Immersion Ed's ACV will double from $1,500 to $3,000
“If I'm allowed to give a slight rebuttal, I'd say that 1500 is literally what we're expecting this fall, when they are only purchasing episodes two and three. So by the time they're actually signing on for next year, the ACV is already 3000 dollars.”
Chad Wilson Sep 25, 2024 ▶ 18:47 Can Generative AI Transform Education? Immersion Ed's Bold Pitch
Sep 25, 2024 bullish
Prediction Not checkable as stated
Wilson: Immersion Ed expects 800 paying schools and $500K revenue by fall
“So we believe 800 will be paying customers by the end of the fall. So this is 500,000 dollars in revenue.”
Chad Wilson Sep 25, 2024 ▶ 12:01 Can Generative AI Transform Education? Immersion Ed's Bold Pitch
Sep 25, 2024 negative
Insight
Hudson: $1,500 ACV is too low for direct EdTech sales reps
“And at 1500 dollars today, I don't think you can actually deploy your own salespeople to go after individual schools because the ACV per school is too low.”
Charles Hudson Sep 25, 2024 ▶ 17:38 Can Generative AI Transform Education? Immersion Ed's Bold Pitch
Sep 25, 2024 positive
Assertion Supported
Chad Wilson: Bungie founder Alex Seropian is Immersion Ed's lead advisor
“Our whole process is guided by our lead advisor, Alex Seropian. So he's the founder of Bungie, creator of Halo. He's one of the most acclaimed game developers ever.”
Chad Wilson Sep 25, 2024 ▶ 5:31 Can Generative AI Transform Education? Immersion Ed's Bold Pitch
Sep 25, 2024 bearish
Disclosure
Banister: The US education system should be destroyed, not revolutionized
“I'm going to pass as well, but mine is more dogmatic. I really do not like the education system in America, and maybe this is terrible of me, but I really would love for it to be destroyed, and I'm more on the side of revolutionizing our education system.”
Cyan Banister Sep 25, 2024 ▶ 19:14 Can Generative AI Transform Education? Immersion Ed's Bold Pitch
Sep 25, 2024 bullish
Prediction Not checkable as stated
Wilson: Immersion Ed will hit $4.5M ARR by end of 2025
“So, we're raising a 1.5 million dollar pre-seed round to reach 4.5 million in annualized recurring revenue by the end of 2025.”
Chad Wilson Sep 25, 2024 ▶ 3:02 Can Generative AI Transform Education? Immersion Ed's Bold Pitch
Sep 25, 2024
Assertion Not checkable as stated
Chad Wilson: Building-level school discretionary sales close within a week
“Right now, the money's coming from discretionary budget that is school building level. And so these processes are much faster than the traditional school sales cycle. They're frequently done within a week.”
Chad Wilson Sep 25, 2024 ▶ 8:37 Can Generative AI Transform Education? Immersion Ed's Bold Pitch
Sep 25, 2024 positive
Assertion Not checkable as stated
Wilson: 94% of surveyed schools want Immersion Ed's games
“Since launching, we've surveyed thousands of schools and found that 94% want to use our games.”
Chad Wilson Sep 25, 2024 ▶ 2:36 Can Generative AI Transform Education? Immersion Ed's Bold Pitch
Dec 12, 2024 positive
Assertion Not checkable as stated
Chad Wilson: Over 4,000 Schools Signed Up for ImmersionED
“A little over 4000, and schools are still continuing to sign up every day, and so we'll see where we end up.”
Chad Wilson Dec 12, 2024 ▶ 40:36 Season 12 Finale: What Happened After The Pitch?
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