#53 – an angel investor take on edtech
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- Enjoy a $50 discount at SXSWedu® with the code: reg-edu-etp_c5173c53f9
What’s in this episode?
- Announcing an official media partnership with the SXSWedu® Conference & Festival
- In conversation with Richard Taylor, UK-based angel-investor in c.12 edtech start ups
- Recorded at Bett, you’ll hear what Taylor believes are:
- The 3 lessons for edtech success
- What he thinks of accelerators, distributors and teacher pension schemes
- And why he thinks part of our latest obsession with coding is a red herring.
Sample Quotes (@dick_taylor)
- Investing in early stage start ups is like a horse race. Only the horse race takes seven years and half of them you need to take out and shoot.
- Sometimes you make money but actually the better lesson is when you lose money.
- When I first started in education i didn’t really care what it was or if it had any impact. If it made money that was all I really cared about.
- The ones that are more likely to be successful are the ones that have a teacher in the founding team
- ‘When schools buy or use edtech there is a big cost, but also a big opportunity cost.’
- ‘Schools buy million pounds worth of stuff pretty much how the local football club buy sausage rolls for their fundraising night’
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References:
- Jackaroo: a young man working on a sheep or cattle station to gain experience.
Rose Luckin https://twitter.com/knowldgillusion - Roland Fryer, Harvard University: http://scholar.harvard.edu/fryer/home ; https://twitter.com/HarvardEcon
- DFE Centre for procurement: https://www.gov.uk/government/organisations/department-for-education/about/procurement ;
- Tom Bennett: https://twitter.com/tombennett71
- Minecraft: https://twitter.com/Minecraft
Edcomms: https://twitter.com/edcoms
Tim Pearson: http://www.agent4change.net/news/184-rm-boss-tim-pearson-stands-down-after-six-years
Dame Marjorie Scardino: https://twitter.com/marjscar
Cambridge assessment: https://twitter.com/Cam_Assessment - ed:invent: https://www.youtube.com/channel/UCbKkDDmBhInMqM31EUjZTYw/videos
- Rear admiral Grace Hopper: http://www.cs.yale.edu/homes/tap/Files/hopper-story.html
Night Zookeeper: https://twitter.com/nightzookeeper
Hells Angels: https://twitter.com/HELLS_ANGELS_81
Matt Robb, EY Parthenon: https://twitter.com/matthewrobb701 ;@Parthenon_EY
Nandos: https://twitter.com/NandosUK
StudyLadder: https://www.studyladder.com/ ; https://twitter.com/studyladder_t
Clever: https://twitter.com/clever
Show my Homework: https://twitter.com/Showmyhomework
Emerge Education: https://twitter.com/emergelab - Jan Matern: https://twitter.com/janmatern
4.0 schools: https://twitter.com/4pt0schools
Start Up Weekend: https://twitter.com/StartupWeekend
Wayra: https://twitter.com/WayraUK
Naomi Klein: https://twitter.com/NaomiAKlein
Theresa May: https://twitter.com/theresa_may
Curriculum Online: https://en.wikipedia.org/wiki/Curriculum_Online
BBC Jam: https://en.wikipedia.org/wiki/BBC_Jam
BBC Micro:bit: https://twitter.com/microbit_edu
Technology Will Save Us: https://twitter.com/techwillsaveus
Oliver Quinlan: https://twitter.com/oliverquinlan
Ontario Teachers Pension Plan: https://www.otpp.com/ ; https://twitter.com/OtppInfo
Learn Capital: https://twitter.com/learncap
Deborah Quazzo: https://twitter.com/deborahquazzo
DC Thomson: https://twitter.com/dctventures - Patient Capital: https://en.wikipedia.org/wiki/Patient_capital
The 22 Immutable Laws of Marketing: https://www.amazon.co.uk/22-Immutable-Laws-Marketing/dp/1861976100 ; https://twitter.com/jacktrout - Viv.ai: http://viv.ai/ ; https://twitter.com/dagk
- Samsung: https://twitter.com/samsung
Codeclub: https://twitter.com/CodeClub
Primo Toys: https://twitter.com/primotoys
Schools of the Air: https://en.wikipedia.org/wiki/School_of_the_Air
JCStobart: https://en.wikipedia.org/wiki/J._C._Stobart
Announcing Media Partnership with SXSWedu® Conference & Festival
The Edtech Podcast will attend the seventh annual SXSWedu® Conference & Festival in Austin, March 6-9, 2017 to document the passionate and diverse community of education stakeholders brought together across its four days of programming. As part of our media partnership, listeners can access a $50 discount on tickets by going to http://sxswedu.com/ and entering the code reg-edu-etp_c5173c53f9 at check-out! Shout out @podcastedtech if you’re going and use the code 🙂
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University Business (UB) was launched in 2005, and in the past decade has established itself as the leading B2B publication within the UK HE sector. http://universitybusiness.co.uk/
Bett is your annual opportunity to experiment with the latest education technology, hear from inspirational figures and experts in the industry and meet your peers from far and wide (as in literally from classrooms around the world).Read more and register here: For more information contact laura.conboy@i2ieventsgroup.com
Visit www.ukeduweekly.com to review the latest news and articles
EdTechXEurope is the leading thought leader summit bringing together executive level investors, innovators and industry influencers from European and international education companies. Now in its fourth year, EdTechXEurope hosted 800+ global attendees and invited over 150 speakers to showcase EdTech innovations and perspectives from around the world. http://edtechxeurope.com/
The EdTech Exchange is Europe’s largest community of EdTech Founders and provides members with mentoring, support and a programme of events designed to share best practice through peer-to-peer learning. The Exchange brings together like-minded EdTech entrepreneurs, encouraging them to exchange ideas, swap war stories, and give and receive advice from their peers. It is solely for Founders of EdTech companies who have raised at least £100,000 of financing or revenue, with many members having raised significantly more. http://edtech.exchange/
The Edtech Podcast supports the mission of WomenEd: #WomenEd is a grassroots movement which connects existing and aspiring leaders in education. Even though women dominate the workforce across all sectors of education there still remain gender inequalities, particularly at senior leadership level. The situation regarding BME leadership is even more dire considering the fact that the student population is becoming increasingly diverse. This situation is clearly unacceptable and rapid change is needed. #WomenEd will therefore campaign and use its collective power to make improvements, so that there is a more equitable balance in terms of gender and ethnicity at leadership level across all sectors of education. http://www.womened.org/
ASU GSV Summit 2017!
10% discount for listeners…
With ever increasing expectations from students and staff alike at universities across the UK, the Accelerating Digital Transformation conference will bring together the best digital specialists in the UK to discuss how technology can enhance the student experience. The event will include a day of best practise and knowledge sharing from peers in HE who are experts on the topic, businesses that facilitate the digitalisation process and individuals who have successfully digitalised their own organisations. It will be a great chance to network, get involved and be ahead of the curve. Website:http://
