It’s a Good Time to Invest in Early-Stage Edtech, Investors Say
The edtech sector has been relatively quiet since the pandemic forced students out of classrooms and into their computers. However, with the integration of AI, edtech startups have been busy innovating behind the scenes.
As Anna Heim notes in the introduction to our recent survey on edtech investors, "we found that with AI in the picture, edtech startups have been as quietly busy as a subterranean network of moles in fall."
Full TechCrunch+ articles are only available to members. Use discount code TCPLUSROUNDUP to save 20% off a one- or two-year subscription.
Simply adding AI to a product is not enough, and investors hope that the technology will lead to more innovation in the space. Check out Anna’s story on the future of edtech in emerging markets as well as the opportunities that AI can bring.
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4 Startup Fundamentals to Help Avoid Epic Product Fails
Image Credits: Talaj (opens in a new window)/ Getty Images
A solid piece of advice when building a business is to listen to your customers and build the product around their needs. However, even with this approach, products can still fail. But there are ways companies can better understand their customers’ pain points to develop the right products that solve the right problems at the right time.
4 Startup Fundamentals to Help Avoid Epic Product Fails
As Prashant Mahajan, founder and CEO of Zeda.io, notes, "There are ways companies can better understand their customers’ pain points to develop the right products that solve the right problems at the right time."
Exxon Throws a Fit Over Shareholders Exercising Their Rights
Image Credits: Joe Raedle / Getty Images
Companies had better listen to their shareholders. But Exxon this week seems to have missed that memo. The company is "unhappy with the fact that shareholders are exercising their rights in a way that acknowledges the realities of climate change and seeks to guide the company to a true net-zero future so that it can continue to be a going concern in 2050 and beyond," writes climate reporter Tim De Chant.
Exxon Throws a Fit Over Shareholders Exercising Their Rights
Pitch Deck Teardown: Rypplzz’ $3M Seed Deck
Image Credits: Rypplzz (opens in a new window)
Rypplzz’ deck has nine slides, yet not a lot of information you’d expect. As Haje Kamps, resident pitch expert, notes, "I’m not going to sugarcoat this one: I honestly struggled to find three good slides that had useful information in an accessible form."
Pitch Deck Teardown: Rypplzz’ $3M Seed Deck
Topics
- EC Newsletter
- EC Pitch Deck Teardowns
- EC Roundup
- EdTech
- Exxon
- Pitch Deck Teardown
- Startups
- Venture
- Venture
Karyne Levy, Deputy Managing Editor of TechCrunch
Karyne Levy is the deputy managing editor of TechCrunch. Before joining TC, Karyne was deputy managing editor at Protocol, helping manage a newsroom of more than 40 people. Prior to that she was a senior producer at Scribd, an assigning editor at NerdWallet, a senior tech editor at Business Insider, and assistant managing editor at CNET, where she also hosted Rumor Has It for CNET TV.
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The edtech sector has been relatively quiet since the pandemic forced students out of classrooms and into their computers. However, with the integration of AI, edtech startups have been busy innovating behind the scenes.
As Anna Heim notes in the introduction to our recent survey on edtech investors, "we found that with AI in the picture, edtech startups have been as quietly busy as a subterranean network of moles in fall."
Full TechCrunch+ articles are only available to members. Use discount code TCPLUSROUNDUP to save 20% off a one- or two-year subscription.
Simply adding AI to a product is not enough, and investors hope that the technology will lead to more innovation in the space. Check out Anna’s story on the future of edtech in emerging markets as well as the opportunities that AI can bring.
4 Startup Fundamentals to Help Avoid Epic Product Fails
As Prashant Mahajan, founder and CEO of Zeda.io, notes, "There are ways companies can better understand their customers’ pain points to develop the right products that solve the right problems at the right time."
- Understand Your Customers’ Needs: This is a fundamental principle of building successful startups. By understanding your customers’ needs, you can create products that meet those needs and provide value to them.
- Conduct Market Research: Conducting market research can help you understand your target audience and their pain points. This will allow you to create products that address those pain points and provide solutions to the problems they face.
- Develop a Minimum Viable Product (MVP): Developing an MVP allows you to test your product with a small group of customers before scaling up. This can help you validate your product’s market fit and make necessary adjustments before investing too much time and resources into it.
- Continuously Test and Improve: Continuous testing and improvement are essential for any startup. By regularly gathering feedback from customers and making changes to your product, you can ensure that it remains relevant and meets the evolving needs of your target audience.
Exxon’s recent actions show a clear disregard for shareholder rights. This is not only bad for Exxon but also for investors who have placed their trust in the company.
Pitch Deck Teardown: Rypplzz’ $3M Seed Deck
Rypplzz’ deck has nine slides, yet not a lot of information you’d expect. As Haje Kamps, resident pitch expert, notes, "I’m not going to sugarcoat this one: I honestly struggled to find three good slides that had useful information in an accessible form."
In conclusion, the edtech sector is ripe for innovation with the integration of AI. By understanding customers’ needs, conducting market research, developing MVPs, and continuously testing and improving products, startups can avoid epic product fails.
