Edtech around the world

The global education tech landscape

Admittedly, this may be more interesting to investors in education technology and/or entrepreneurs operating in this space, but even educators themselves may find this a fascinating read. If nothing else it points to some of the way our lives as entrepreneurial educators might change in the future.

I am referring to the work done by Navitas in mapping edtech initiatives around the world. In the process, they have also devised a system of categorisation which no doubt will change over time, but gives a good start to helping us think about innovation in education.

They have 16 clusters which they allocate across 6 themes:

  1. Content – Publishers, Content Distribution and Digital Learning
  2. Platforms – LMS, Analytics and Social Learning
  3. Access – Recruitment and Employment, Admissions and Financing
  4. Immersion – VR/AR and China Edtech
  5. Learning – Formal/ Accredited and Informal/ Non Accredited
  6. Progression – Peer to Peer and Tutoring, Language and Literacy, and Testing and Credentialing.

In summary, Landscape 3.0 maps 26 clusters of innovation across 15,000 companies in the next generation learning lifecycle and $50 billion of investment around the world. There are over 60 pages of market maps and profiles including analysis of each cluster on the dimensions of scale, investment, traction and disruptive potential. It offers analysis across eight stages of the next generation learning lifecycle, providing insights into market size and investment, innovation traction and disruptive potential .

The report is downloadable at: Global Tech Landscape 3.0


Mashauri supplies cost-effective online acceleration programs to universities to support them in developing "entrepreneurial effectiveness" among students and graduates. Please contact me at simon.gifford@mashauri.org for more information - or simply have a look around our website.


 

Some shared wisdom for founders and investors

Over the weekend, I watched a fascinating interview of Chamath Palihapitiya sharing some valuable wisdom on a number of topics of interest to entrepreneurs and investors. Admittedly, I had not heard of him before – but he is the guy responsible for Facebook’s growth and AOL before then; and now founder at Social Capital … and so has some credibility.

The video is posted below and if you can spare about 30 minutes, it is worth watching. I am also posting my thoughts and takeaways in case you want a quick overview or a little more detail to see if you think it is worth viewing.

Note: the interview was conducted by the Founder Institute. Mashauri and FI overlap in a competitive space, but we acknowledge the great work they are doing.

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Thoughts on trends

Chamath discusses trends and likens them to a pendulum. His point is that the best ideas (and deals) are from companies who can adapt both sides of the extremes and still find a balance.

Gretzky skating to where the pucks goingMy personal takeaway was:
As founders, are we really building for the future? We tend to look at the mainstream companies in our industry and build something different to them and believe we are riding the future wave. I am not sure if we look hard enough at the future to see where that is going and try and build for that. Or using the one on my favourite metaphors, the skater Wayne Gretzky’s comment: “Skate to where he puck is going, not to where it is ….” Are you really building for where the puck will be?

 

 

Thoughts on investments

Chamath sees some sort of crash or at least an industry “reset” in about 3 years caused by some externality (he discusses a few). He makes some great points about companies not having to reach $1billion valuation to be successful as he discusses the craziness of the levels of investment in some B and C rounds. He shares some sensible thoughts about reaching a moment when it is time to just “buckle down and make this f$%^^ thing work” rather than chasing the next round of funding.

My favourite quote of the interview:
“Failure should be celebrated. Stupidity should not be”.

Thoughts on education

Chamath covers question at the end of the interview about education. He notes how it is now obvious that the US College system is fundamentally broken; but applauds the idea that Edtech is moving from a “save the seal” type mentality to one of recognising that it is about building and deploying human capital.

 

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