What's Next for Education Startups in 2019 (Part II)

[@spinLOL533]

First, this channel is pure gold.

[@MichaelBabich]

Very inspiring. Connie is great as usual. Love her insights on Chinese business models.

[@mikeymaven]

This was very insightful. I wish I found this channel sooner.

[@seannam1218]

Please allow comments on all your videos! I absolutely love your channel and I'm sure many of your subscribers feel the same way. I long to hear ideas from this community of forward-thinking learners and innovators.

[@adanvega7493]

How is it that I;m just now finding out about this channel? It's really good!

[@cocoutier]

Unbelievably insightful talk, this is a gem

[@LaserNite0]

There's a lot of great perspective in here, but I wonder if one of the central parts of Connie's thesis, that the ad-based compensation of creators on platforms like KZbin under-compensates creators for their time and expertise and is therefore unsustainable, is demonstrably wrong-starting with the existence of this highly domain-specific and expert video itself, on KZbin. I think there may be couple miscalculations here. Namely, in two areas; the undervaluing of non-monetary compensation to creators, and the over-valuing of knowledge sharing in the digital era. With regards to non-monetary compensation to creators, I think it's obvious upon inspection that many creators do not create content for the direct financial reward through ads. They do so because of an inherent desire to share or have a social dialogue, to build up personal status, to build a following around a brand (personal or otherwise *ahem* a16z *ahem*), or for numerous other alternative compensations for their time and effort. But, that's not even counting the people who simply create content for the genuine pleasure of it. Which leads to the next point-the ease of content creation has driven down the marginal cost of converting events like tutoring, conversations, panels, speeches, and so on, into digitally permanent and freely distributable content. The imparting of knowledge is a constant byproduct of simply living in and engaging with society-even as directly in the posting of this KZbin video, and this comment in response, for example. So, the massive and continual lowering of the marginal cost of production and subsequent downward price pressure, given the massively free and open content market that exists, is inevitable. Which isn't to say there's not other parts of education that are protected, at least for the foreseeable future, from this influence, or there aren't niches and areas where supply is unavailable and more substantial earnings can be had, or that there's not a market that will pay substantially more for marginally better content. All those exist, and more, as earnings strongholds. But, to dismiss the massive competition and downward price-pressure on knowledge introduced and evolving with the open web, is to cripple the accuracy of one's model.

[@dyz2102]

3:43 - May I ask for the source of "the largest group of students who want to do self-improvement and online education is from 26-35"? Is that in terms of population or market value?

[@prosperwilliams]

Extremely accurate, Connie you are amazing! Prosper

[@Satelliteua]

What about Teachable as a Shopify for education?

[@dubiousecho7]

#1 Asia |= China. There are many mini and macro markets. they have their own trends driven by unique socioeconomic situations. #2 why do I sense this trend across a16z podcast/videos that it's all about figuring out what worked or didn't work in China, and then look at that from American lens if that will work here. That's all about it. IMO, this leaves a lot of room for errors.

[@dogukanozgen1]

I think Connie has a very good grasp of the mostly overlooked segment of education. Her approach is totally beyond K-12 - which is a sales cycle torture - . And she practices what she preaches - see here: a16z.com/2019/10/01/knowable-audio-startups/ Knowable is exactly what she mentioned in this video. I can not help thinking that they built the app after they watched this video :) Thank you team for sharing extremely good content.

[@graemeroberts2935]

Excellent! I do find Connie hard to understand. Anyone else notice that, or is it my old ears?

[@paulmartin42]

Never heard of MasterClass, my money is on it not being Mandarin-ised

[@TerryFoxTheMan]

Wow thanks elitists for allowing us plebs to comment on your video, very cool! I can now see why coal miners need to learn to code :)

[@harunskywalker4942]

this was disappointing. simply shilling.