Why Do Many EdTech Startups Fail? Really!
In one short sentence:
However, This is how breakthroughs come to a life. This is how a field of human practice becomes disrupted.
Otherwise, everyone would be able to see this product (goal) and be trying to get to it ahead of everyone. But the disruption is called that because no one could see it coming.
For a large interpreter investing into an educational project it may cost unnecessary losses.
The pictures of a post on LinkedIn
My comment to it
Teacher: "I would like to buy a car"
Eduventures: "We have no cars, but we can sell you a kit - you can assemble your car yourself!
Teacher: "OK, I think I can give it a try"
Eduventures: "Yeah, one more thing. All the parts are made by different manufactures who do not communicate, so the parts may not fit with each other, but - hey - it is better than nothing! Yes?"
Teacher: "Well, at least I will be doing something new, maybe I got lucky and and it will help me to make something which would move me a little bit faster than I walk now. Plus, it will demonstrate that I am trying new things."
Add-on on 11/8
This is an example of a wishful thinking ("just give teacher/students tablets/apps and they will learn ten times more/better") v. the reality.
Quote (one of many worthy): "Many apps, independent of how long or often students use them, have no relationship to learning outcomes. And the majority of purchased licenses don’t get used. "I was very predictable.
When EdTech companies will learn that they have to be more Ed and much less Tech to succeed with educating children - not AI, robots, or animals - their favorite audiences.