Edtech is flourishing, but a brief while back, many companies in the category were having a hard time to break through as mainstream offerings. Now, it looks like everyone is shouting to get into the next seed-stage startup that has the expression” remote knowing”on
its About page. Therefore begins the typical cycle that happens when a sector gets overheated– boom, bust and a reckoning. While we’re still in the early days of edtech’s revitalization, it isn’t a gold mine all around the world. Today, in the spirit of balance and history, I’ll present 3 bearish takes I’ve heard on edtech’s future.
“I believe the dividing line there will exist are business that have actually been around, that are a little more entrenched, and have excellent financial runway and can most likely endure this cycle,” he said. “They have credibility and will probably get chosen [by schools]” The newer companies, he stated, might get stuck to adoption due to the fact that they are at a high degree of danger, and might be giving out complimentary licenses beyond their financial runway right now.
Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.