Education Technology Startup Resources
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Education Technology Startup Resources
Resources to help Education Technology Startups
Curated by Todd Wostrel
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OPINION: How to Succeed in Education Technology

OPINION: How to Succeed in Education Technology | Education Technology Startup Resources | Scoop.it

Most of today's education technology startups are doomed to fail.

"But wait!" you say. "It's 2012 and edtech startups are sprouting up everywhere, pushing real innovation into a slow-moving yet vitally important market, gaining traction, getting funded!"

True. Yet they are still doomed to fail. While any young company faces risk, most of today's edtech companies will fail because:

They're chasing a trendy space without true, lasting passion for education; They lack a business model that works in education and are afraid to charge their customers; Their investors have consumer Internet expectations in a market with completely different dynamics; It's easier to build novel technology than to deeply engage with students and teachers to understand their fundamental needs.

That's the bad news. The good news is that some of today's edtech startups will be wildly successful. They will change the face of education. But we don't think they will look much like their successful consumer Internet counterparts.

 
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A new (old?) model for understanding the stages of a startup – The Startup Toolkit Blog

A new (old?) model for understanding the stages of a startup – The Startup Toolkit Blog | Education Technology Startup Resources | Scoop.it

The language we use for startup stages (discovery, validation, customer creation, company building) is abstract. The lines are blurry. And if jumping ahead of yourself is the #1 cause of startup death[1], that’s a problem.

 

So here’s another way of thinking about the stages of a startup in visual terms using the business model canvas[2]. It’s based around three questions.


Via ukituki
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Massimiliano Malagò's curator insight, September 29, 2013 3:49 PM

Un'interessante collegamento tra le fasi in cui si trova una startup e lo sviluppo dei blocchi del Business Model Canvas.

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Startups (EdSurge wiki)

Startups (EdSurge wiki) | Education Technology Startup Resources | Scoop.it
A new, scrappy business that survives primarily by creating an innovative product or service. In this way, startups often drive change in an industry. Typically, such companies are less than five years old and have under $1M revenue.
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Most ed-tech startups suck! Here’s where they’re going wrong.

Most ed-tech startups suck! Here’s where they’re going wrong. | Education Technology Startup Resources | Scoop.it
Guest Post This may come as a surprise to ed-tech companies, but you’re not going to invent the next big thing by shooting in the dark.
Todd Wostrel's insight:

Education entrepreneurs often think that, since they have participated in the educastational system, they should be able to develop innovative educational products. However, it takes retreat deal of knowledge about the true needs in education to deliver value. 

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What The Heck Does “Traction” Really Mean To A VC?

What The Heck Does “Traction” Really Mean To A VC? | Education Technology Startup Resources | Scoop.it

Nearly every entrepreneur has heard the refrain, "Get back to me when you have some traction,” while seeking funding. From an unsophisticated investor, this response might be a non-confrontational way of saying "No." However, when uttered by most Venture Capitalists (VCs) it conveys a desire to obtain validation of your venture's value proposition from dispassionate, objective third parties. In this context, your "value proposition" is defined as the utility you claim users will derive from your solution.


Via Cédric Giorgi
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Startup America | U.S. Department of Education

Learning is transitioning from the traditional print-based classroom experience to incorporating a digital learning environment inside and outside the classroom, where new platforms, customized learning, and multimedia content promise to dramatically improve teaching and learning.

The US Department of Education is engaging in Startup America in order to drive the investment in and development of new learning technologies to improve the opportunity to learn in a growing global network.

Key administration programs are helping drive important state and local educational reforms and unleashing new market opportunities for learning technologies. For example:

$4 billion Race to the Top
$350 million Race to the Top Assessment
$650 million Investing in Innovation

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