Hello, this is Hall T. Martin with the Startup Funding Espresso — your daily shot of startup funding and investing.
The Coronavirus pandemic impacts many parts of the economy including education.
We’ll see changes in the following ways:
Education has been moving online for the last twenty years. With online courseware, virtual classroom tools and more, the coronavirus will accelerate the move online.
Virtualized education will let instructors customize to individual needs.
The flipped classroom will become the new norm as videos, digital courseware and multimedia provide the lecture component.
There will be an increased usage of crowdsourced education. Virtualized education opens the door to bring additional teachers into the classroom. Imagine having an engineer provide a session on thermal dynamics and its practical use on the job.
A key component of the current education system is the ‘daycare’ component that allows parents to work a day job without having to pay for it.
Startups should examine these trends and consider extending your product to take advantage of them.
Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.
Let’s go startup something today.
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Hall T Martin is the director of Investor Connect, which is a 501(c)(3) nonprofit dedicated to the education of investors for early-stage funding. All opinions expressed by Hall and podcast guests are solely their own opinions and do not reflect the opinion of Investor Connect. This podcast is for informational purposes only and should not be relied upon for the basis of investment decisions.