Education in itself is a challenging, messy, and confusing market for VC scale returns. School districts, teachers, and universities do not move fast, but rather steep and slow. And surprisingly, without any research, most startups will discover how slow the education industry moves when they try and move their product to the market—especially without checking if their is even a need for the service.
Here are five reasons your Edtech product might be collecting dust on a classroom shelf.
1. Lack of Communication
2. Teachers Are Siloed
3. Company Was Acquired
4. Confused Company Culture
5. Too Many ChoicesRead more...