Sunday, February 2, 2014

K-12 Revenue Models

The great thing about AcceleratingED is working with so many amazing education entrepreneurs who are trying to move the needle.  I have been spending some time with Paul Abumov at ScribeSense which is gaining some great traction on assessment grading - and we started talking about alternative sales models in K-12.

Then I found the article about how "How this EdTech startup reached 7 million students without charging schools a dime".

If you are trying to launch an edtech company you definitely need to read this (and contact me) if you really want to get into the market fast.  This is a great story about reaching out to industry to sponor content, use certifications and badges and create a revenue stream.

But don't wait - like everything in edtech, people will follow the money and the space will get crowded fast.