The main takeaway I noticed from checking out the link was that they had a section that spoke about their existing customers and had testimonials from them. Testimonials are great, whether your going after VC funding or bootstrapping.
The virtual EdTech space strikes me as one that needs funding in order to be competitive , but that's just my gut talking. Maybe there is an indie here who is in the space and doesn't agree, but from the looks of it it seems incredibly expensive to produce solid EdTech software as well as sell it. I have little doubt that the companies all buying EdTEch software - which the article says is nearly 3,000 companies today - are going to heavily vet the software before they trust their entire brand with it.
When you have your students all using a single EdTech platform, the customer needs to feel confident the platform is both secure and stable enough to support your students. If theres any issue with the platform, it reflects the customer jsut as much as the solution provider.
Nice...very impressive. I'm surprised by how little mention there is of their future plans. Surely this is something investors would consider a priority? Also, given how new this kind of technology is, I would've expected them to reference existing technologies that might be similar, to give investors a better idea of what they're looking at. For example, I recently read this article that was quite helpful in helping startups create their pitch decks:
In instances where you develop a product with similar features to an existing solution that may not be in the same market, you can use examples of those solutions to help investors better understand your product.
The main takeaway I noticed from checking out the link was that they had a section that spoke about their existing customers and had testimonials from them. Testimonials are great, whether your going after VC funding or bootstrapping.
The virtual EdTech space strikes me as one that needs funding in order to be competitive , but that's just my gut talking. Maybe there is an indie here who is in the space and doesn't agree, but from the looks of it it seems incredibly expensive to produce solid EdTech software as well as sell it. I have little doubt that the companies all buying EdTEch software - which the article says is nearly 3,000 companies today - are going to heavily vet the software before they trust their entire brand with it.
When you have your students all using a single EdTech platform, the customer needs to feel confident the platform is both secure and stable enough to support your students. If theres any issue with the platform, it reflects the customer jsut as much as the solution provider.
Nice...very impressive. I'm surprised by how little mention there is of their future plans. Surely this is something investors would consider a priority? Also, given how new this kind of technology is, I would've expected them to reference existing technologies that might be similar, to give investors a better idea of what they're looking at. For example, I recently read this article that was quite helpful in helping startups create their pitch decks:
https://www.entrepreneur.com/article/333045
And it highlights how:
In instances where you develop a product with similar features to an existing solution that may not be in the same market, you can use examples of those solutions to help investors better understand your product.
Super impressive results either way!