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Online education. They point out perceived market risks, they might question the management team’s experience, they might worry about regulatory risk or incumbent competitive powers. I know – I was there when the first people debating funding it at less than a $5m valuation. Almost nobody believed and now look at it.
“With education and innovation, we look forward to bringing best-in-class ‘consumerized’ tools to the finance department.” But the total addressable market is certainly large enough to sustain more than one vendor — Grand View Research estimated its size at $15.9 billion in 2021.
In a perfect world, the answer is no, because realizations equal investments, so you are self-sustaining. And Ireland is renowned for great education, whether that be in the south through Trinity and UCD [in Dublin], or whether that be the north through Queen’s [University Belfast].
Edtech needs to reach beyond underfunded public school systems to become more sustainable, which is why more investors and founders are focusing on lifelong learning. Jomayra Herrera , principal, Cowboy Ventures (a generalist fund with portfolio companies Hone and Guild Education).
But if you focus and leave your preconceptions behind, you’ll find that beyond the skein of valuations and share prices, there is a world of spirited dealmaking, ripe with impetus for building a sustainable industry. Additionally, a reliable source of information to educate individuals would be required.
The buses previously used were old and owned by the incumbent and have been moved out of the city. Last year, the SF District Board of Education adopted a resolution to modernize its transportation in a way that would create more efficiencies, help the district meet sustainability goals and increase transparency across the system.
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