Edtech is more exciting right now than it has been in a decade.

Here's why, a thread: 🧵
Wave 1 of edtech was MOOCs.

Companies like @udemy, @coursera @udacity, @edXOnline, and @CreativeLive opened their doors to the Internet and said, "All are welcome."

No degrees, no buildings, no admissions, all async.

Education can scale 🚀
Wave 2 of edtech was bootcamps.

Companies like @GA, @galvanize, @LambdaSchool, @ironhack, and @FlatironSchool based their pedagogy on jobs and said, "Let's teach what companies want."

Bring back admissions and synchronous learning.

Peer accountability is magic 🙌
Wave 3 of edtech was B2B.

Companies from Waves 1 and 2 like @GA, @udacity, and @galvanize talked to corporates and said, "Let's make big revenue". @GuildEducation happened.

Consumer edtech is hard, so try elsewhere.

Corporate learning is profitable 💰
There are some great companies above, and everyone learned a lot, but I argue no true juggernauts were produced.

Not in the way that Google, Uber, or Netflix are juggernauts.

Nothing massively defensible.

(Feel free to refute.)
Wave 4 of edtech is gonna crack it, though.

Keep the #1 thing MOOCs did best. Blow up the classic instructor-to-student ratio and find true leverage.

Keep the #1 thing bootcamps did best. Let magic happen via meaningful peer accountability.

The perfect combo with no fluff. ✨
Companies like @teachable, @beondeck, and @gaganbiyani's new thing are the future of education.

I'm excited about what they're building, and am willing to bet that a startup in this vintage could become a true juggernaut.

Finally, the change we need. 💪
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