Online education is growing fast.
This thread is like an Industry 101 course:
1. It's harder to sell a course than build one: The top online schools are run by people with the largest audiences, not necessarily the best teachers. But building an audience trains you to teach.
5. Fundraise and financialsWhat milestone will the capital get you to?Why do you need to raise money? How much money do you really need? Why don’t you need less How much dilution will you give up? What is your pre-money target range?What will you use the capital you are raising for?What are your basic financial projections?
Signaling does not only explain luxury purchases but also consumption of all sorts of other goods: “Green products” are more about signaling a prosocial attitude than actually helping the environment. Other consumption signals include loyalty to a specific subculture (e.g. band t-shirts), athleticism & health consciousness (athleisure clothing) or... See more
This time, the technology seems dramatically stronger, which means it is easier to create 10X better products to overcome incumbent advantages. The "why now" may simply be a technology sea change.