Edtech’s next mission: Go everywhere

Comment

Globe made of jigsaw puzzles with a protective medical mask as a prophylaxis in the fight against coronavirus infection. Measures against the spread of the virus
Image Credits: Fiordaliso (opens in a new window) / Getty Images

Thanks for reading Startups Weekly. Want the weekly digest in your inbox every Saturday? Sign up here

This past week, edtech entrepreneurs, investors and analysts congregated at ASU+GSV, a yearly global edtech conference, to reflect on the sector’s newfound spotlight after the massive jolt of COVID-19. Beyond masked excitement to finally meet Twitter friends in real life, signs of bullishness were everywhere.

A digital-first talent development platform for interns that once didn’t have product-market fit won the startup cup. My panels were all with newly minted startup unicorns. And everyone didn’t know everyone, a feat that shows how the conference went from a niche industry meetup to a broader event for a new generation of founders.

My takeaway from the entire week, though, was more than edtech is booming (which, it is). Instead, I felt like the general sentiment at the conference — even with polite disagreement — was that the sector getting spotlighted means it finally has the buy-in to go everywhere.

In other words, edtech is at a point where it doesn’t need to just rely on itself to accomplish its goals. It can operate outside of a silo, which feels like the needed follow-up to the sector’s 2020.

For example, if a platform brings fun UX to instruction online but doesn’t take into account how that move impacts childcare, mental health and the digital divide, the impact of its savvy solution will be immediately limited. Consolidation, which will continue to play out due to freshly minted unicorns, won’t just be edtech scooping up edtech, but you may see companies begin to launch products that take into account the full human experience.

BetterUp, a reskilling and coaching platform for employees before and beyond the C-suite, is signaling that it’s already happening. The edtech company announced that it is diving more into behavioral health with new products.

Operating beyond edtech insiders is the difference between creating products that reinforce the status quo and inventing ones that question the status quo on its head. Fiveable, a virtual space for high schoolers to study and express themselves, has turned dozens of its users into interns. The feedback loop there is brutal — high schoolers are harsh — but means that the people making decisions for them finally aren’t adults talking to adults.

Of course, the lack of training wheels means that it’s easier for startups to go rogue. As the pandemic unevenly plays out, remote school may become the normal once again. Companies have to be massively focused, and humble, about their reach. Reflection will be important in what distinguishes a Course Hero from a Codecademy to a Coursera — and when it makes sense to leave their own lane.

It was a refreshing, surreal week talking to the people behind the dollars and ideas of our future educational landscape. The jolt of the pandemic highlighted the inequities and work left to be done. Now, the spotlight will be part cheerleader, part accountability coach in helping edtech reflect its way to a better end product.

The relevancy of venture capital

Money floating in space
Image Credits: Bryce Durbin / TechCrunch

As nontraditional investors get into private startups, a growing debate in Silicon Valley is if traditional venture capitalists can evolve into the new landscape. When Tigers eat your lunch, where do you look for competitive advantage and relevancy?

Here’s what to know: Some think venture capital is dead. Others think it’s more nuanced than that. Everyone agrees that the asset class needs to rethink how and when it invests capital.

Dollars and deals don’t begin to describe it:

“Regulatory fabric can add or subtract from a company’s wealth”

Scattered clothes pegs with red and green ones pushing forward
Image Credits: Rosmarie Wirz (opens in a new window) / Getty Images

Regulations have the power to lift or limit a startup. In an op-ed this week, Plug & Play Ventures’ Noorjit Sidhu argued that regulatory fabric — even when complicated — can help founders navigate if getting into a gray area of innovation is even worth it.

Here’s what to know: While regulations matter, it’s ironic that Uber only had the chance to become iconic because it ignored regulations during its early launch days. Disruption has a way of ignoring the rules.

Red tape goes green:

When was the last time you thought about maps?

GettyImages 1024045506
Image via Getty Images / iam-Citrus

You know what no one talks about? Maps. The medium is a powerful tool for consumers and companies to visually express space and relevancy. At the same time, the complexity of maps — from the curvature of land to how space takes up space — has limited how easy it is to just spin one up.

Here’s what to know: Felt, which just left stealth this week, wants to make maps mainstream. Its mapping software has raised $4.5 million to date and is a case study in how climate change can bring new energy to old products.

Climate change-makers:

Around TC

Across the week

Seen on TechCrunch

Seen on Extra Crunch

More TechCrunch

Jolla has taken the official wraps off the first version of its personal server-based AI assistant in the making. The reborn startup is building a privacy-focused AI device — aka…

Jolla debuts privacy-focused AI hardware

OpenAI is removing one of the voices used by ChatGPT after users found that it sounded similar to Scarlett Johansson, the company announced on Monday. The voice, called Sky, is…

OpenAI to remove ChatGPT’s Scarlett Johansson-like voice

Consumer demand for the latest AI technology is heating up. The launch of OpenAI’s latest flagship model, GPT-4o, has now driven the company’s biggest-ever spike in revenue on mobile, despite…

ChatGPT’s mobile app revenue saw biggest spike yet following GPT-4o launch

Dating app maker Bumble has acquired Geneva, an online platform built around forming real-world groups and clubs. The company said that the deal is designed to help it expand its…

Bumble buys community building app Geneva to expand further into friendships

CyberArk — one of the army of larger security companies founded out of Israel — is acquiring Venafi, a specialist in machine identity, for $1.54 billion. 

CyberArk snaps up Venafi for $1.54B to ramp up in machine-to-machine security

Founder-market fit is one of the most crucial factors in a startup’s success, and operators (someone involved in the day-to-day operations of a startup) turned founders have an almost unfair advantage…

OpenseedVC, which backs operators in Africa and Europe starting their companies, reaches first close of $10M fund

A Singapore High Court has effectively approved Pine Labs’ request to shift its operations to India.

Pine Labs gets Singapore court approval to shift base to India

The AI Safety Institute, a U.K. body that aims to assess and address risks in AI platforms, has said it will open a second location in San Francisco. 

UK opens office in San Francisco to tackle AI risk

Companies are always looking for an edge, and searching for ways to encourage their employees to innovate. One way to do that is by running an internal hackathon around a…

Why companies are turning to internal hackathons

Featured Article

I’m rooting for Melinda French Gates to fix tech’s broken ‘brilliant jerk’ culture

Women in tech still face a shocking level of mistreatment at work. Melinda French Gates is one of the few working to change that.

24 hours ago
I’m rooting for Melinda French Gates to fix tech’s  broken ‘brilliant jerk’ culture

Blue Origin has successfully completed its NS-25 mission, resuming crewed flights for the first time in nearly two years. The mission brought six tourist crew members to the edge of…

Blue Origin successfully launches its first crewed mission since 2022

Creative Artists Agency (CAA), one of the top entertainment and sports talent agencies, is hoping to be at the forefront of AI protection services for celebrities in Hollywood. With many…

Hollywood agency CAA aims to help stars manage their own AI likenesses

Expedia says Rathi Murthy and Sreenivas Rachamadugu, respectively its CTO and senior vice president of core services product & engineering, are no longer employed at the travel booking company. In…

Expedia says two execs dismissed after ‘violation of company policy’

Welcome back to TechCrunch’s Week in Review. This week had two major events from OpenAI and Google. OpenAI’s spring update event saw the reveal of its new model, GPT-4o, which…

OpenAI and Google lay out their competing AI visions

When Jeffrey Wang posted to X asking if anyone wanted to go in on an order of fancy-but-affordable office nap pods, he didn’t expect the post to go viral.

With AI startups booming, nap pods and Silicon Valley hustle culture are back

OpenAI’s Superalignment team, responsible for developing ways to govern and steer “superintelligent” AI systems, was promised 20% of the company’s compute resources, according to a person from that team. But…

OpenAI created a team to control ‘superintelligent’ AI — then let it wither, source says

A new crop of early-stage startups — along with some recent VC investments — illustrates a niche emerging in the autonomous vehicle technology sector. Unlike the companies bringing robotaxis to…

VCs and the military are fueling self-driving startups that don’t need roads

When the founders of Sagetap, Sahil Khanna and Kevin Hughes, started working at early-stage enterprise software startups, they were surprised to find that the companies they worked at were trying…

Deal Dive: Sagetap looks to bring enterprise software sales into the 21st century

Keeping up with an industry as fast-moving as AI is a tall order. So until an AI can do it for you, here’s a handy roundup of recent stories in the world…

This Week in AI: OpenAI moves away from safety

After Apple loosened its App Store guidelines to permit game emulators, the retro game emulator Delta — an app 10 years in the making — hit the top of the…

Adobe comes after indie game emulator Delta for copying its logo

Meta is once again taking on its competitors by developing a feature that borrows concepts from others — in this case, BeReal and Snapchat. The company is developing a feature…

Meta’s latest experiment borrows from BeReal’s and Snapchat’s core ideas

Welcome to Startups Weekly! We’ve been drowning in AI news this week, with Google’s I/O setting the pace. And Elon Musk rages against the machine.

Startups Weekly: It’s the dawning of the age of AI — plus,  Musk is raging against the machine

IndieBio’s Bay Area incubator is about to debut its 15th cohort of biotech startups. We took special note of a few, which were making some major, bordering on ludicrous, claims…

IndieBio’s SF incubator lineup is making some wild biotech promises

YouTube TV has announced that its multiview feature for watching four streams at once is now available on Android phones and tablets. The Android launch comes two months after YouTube…

YouTube TV’s ‘multiview’ feature is now available on Android phones and tablets

Featured Article

Two Santa Cruz students uncover security bug that could let millions do their laundry for free

CSC ServiceWorks provides laundry machines to thousands of residential homes and universities, but the company ignored requests to fix a security bug.

3 days ago
Two Santa Cruz students uncover security bug that could let millions do their laundry for free

TechCrunch Disrupt 2024 is just around the corner, and the buzz is palpable. But what if we told you there’s a chance for you to not just attend, but also…

Harness the TechCrunch Effect: Host a Side Event at Disrupt 2024

Decks are all about telling a compelling story and Goodcarbon does a good job on that front. But there’s important information missing too.

Pitch Deck Teardown: Goodcarbon’s $5.5M seed deck

Slack is making it difficult for its customers if they want the company to stop using its data for model training.

Slack under attack over sneaky AI training policy

A Texas-based company that provides health insurance and benefit plans disclosed a data breach affecting almost 2.5 million people, some of whom had their Social Security number stolen. WebTPA said…

Healthcare company WebTPA discloses breach affecting 2.5 million people

Featured Article

Microsoft dodges UK antitrust scrutiny over its Mistral AI stake

Microsoft won’t be facing antitrust scrutiny in the U.K. over its recent investment into French AI startup Mistral AI.

3 days ago
Microsoft dodges UK antitrust scrutiny over its Mistral AI stake