The University of British Columbia
UBC - A Place of Mind
The University of British Columbia Vancouver campus
ETEC 522 – Ventures in Learning Technologies
  • Startup
    • How to Begin?
    • Objectives
    • Course Manual
    • Outline & Schedule
    • Participation Guide
    • Assignments
    • ☛ Introduce Yourself!
    • 👥 Authors
  • W01: Emerging Markets
    • W01: Emerging Market Teams
  • W02-04: Bootcamp
    • Global Dynamics
    • Who is the Customer?
    • What is a Venture?
    • 👥 Opportunity Horizon
    • W03: Analyst Bootcamp
    • A Game with Three Pitches
    • Deconstructing a Pitch
    • 👥 Pitch Critique
    • W04: Entrepreneur Bootcamp
    • Venture Genesis
    • Opportunity Activation
    • The Right Stuff
    • 👥 Founders Parade
  • W05-12: Opportunity Forecasts
    • W05: Personalized Learning
    • W06: Mobile Learning
    • W07: Game-Based Learning
    • W08: Big Data & Learning Analytics
    • W09: Immersive Experience
    • W10: Artificial Intelligence & Machine Learning
    • W11: Microlearning
    • W12: Wearables
  • W13: Launch
    • Venture Forum Resources
  • Forums
    • W01 – Emerging Markets
    • W02 – Market Projections
    • W03 – Pitch Pool
    • W04 – Founders Parade
    • W05-12 – Opportunity Forecasts (A2)
    • W13 – Venture Forum (A3)
    • Analyst Reports (A1)
  • Global Feeds
    • Announcements
    • Eva’s Café
    • Radio 522
  • LOGIN
Sort By
Show only these categories:
Show only this category:

Remind- Invest now, and see growth later!

By Kat on February 10, 2018

Welcome to my Analyst Report on Remind– a communication platform that helps every student succeed. Please watch my video below.

Video Link: (https://www.youtube.com/watch?v=YL9zSdcIKLY)

Reflection:

My school began using Remind in January of this school year. Being unsure of what the app entailed, I decided to do my Analyst Report on this app to better inform myself. The international growth and possibilities of this app are endless!

As I researched Remind over the past month, I learned a lot about the challenges related to the process of taking a product to market. As David Kopf (one of the co-founders) describes the process: “Starting a company is kind of like riding a bike in San Francisco….you’re going up this hill and you’re looking at the top and then you get to it and feel good cause you’ve accomplished your goal…. but a second later you catch your breath, look up and realize there’s another hill.” There are many ups and downs to creating a business.

A few challenges they faced included developing a vision and business idea, assembling their business team, raising capital for their business, finding the right business location, finding good employees, finding good customers, deciding how to monetize, among others.

The two brothers found passion in their product, because of one of the struggles that one of the brothers endured when they were in elementary school. Being diagnosed with attention deficit disorder and dyslexia as a child, made school difficult for Brett Kopf, and open communication played a large role in his success in school. From this passion, the two decided to take their system and make it into a company, and became part of the first class at the imagine K12 incubator, where all start-ups must focus on improving education.

As a non-business person looking forward to assignment #3, I would like to incorporate something that I am passionate about to create a product that could benefit my very own students’ lives. If you want to be successful in business and as an entrepreneur, I’ve learned that you have to take your passion and run with it.

All of the lessons I learned while creating this assignment will go with me as I prepare to come up with my very won business idea for assignment #3. This assignment helped me to better understand what it takes to be successful. Hopefully I can do it 🙂

References:

Deamicis, C. (2014, April) How did this less-than-glamorous edtech company snag one of Facebook’s coveted engineering directors? Retrieved from: http://pando.com/2014/04/07/how-did-this-less-than-glamorous-edtech-company-snag-one-of-facebooks-coveted-engineering-directors/

Empson, R. (2013, September 18). Now at 30K schools and growing fast, Remind101 is on a mission to modernize classroom communication. Retrieved from https://techcrunch.com/tag/remind101/

Empson, R. (2014, February 4). Red hot Remind101 gets $15M from John Doerr to bring free, secure text messages to teachers. Retrieved from https://techcrunch.com/tag/remind101/

Kolodny, L. (2014, September 30). Reminder raises $40 million to become educators’ top messaging app. Retrieved from https://blogs.wsj.com/venturecapital/2014/09/30/remind-raises-40-million-to-become-educators-top-messaging-app/

Remind- A communication platform that helps every student succeed. (n.d.) Retrieved from: https://angel.co/remind

Remind- communication tool that helps teachers reach students and parents where they are (n.d.). Retrieved  from: https://www.remind.com

Singer, N. (2015, January 15). Silicon Valley turns its eye to education. Retrieved from https://www.nytimes.com/2015/01/12/technology/silicon-valley-turns-its-eye-to-education.html

Piemonte, M. (2014, February 19) Remind 101: Texting Reminders to Parents and Student. Retrieved from: https://u.osu.edu/piemonte.4/2014/02/19/remind101-texting-reminders-to-parents-and-students/

Swisher, K. (2014, September 30). Remind raises another $40 million for teachers’ messaging service. Retrieved from https://www.recode.net/2014/9/30/11631428/remind-raises-another-40-million-for-teachers-messaging-service

Tepper, F. (2016, August 23). Remind enters the payments space by letter parents pay for field trips with a credit card. Retrieved from https://techcrunch.com/tag/remind101/

Tsotsis, A. (2011, September 14). Remind101 is a private twitter for teachers. Retrieved from https://techcrunch.com/tag/remind101/

Kat

Rating
Average: 0/5 Stars
 
 
 
 
 
0 Thumbs Up!

Read More | No Comments

Loading...
19 Feb Posted on Remind- Invest now, and see growth later!

Hi Kat -- loved the Videoscribe about Remind. The flow and narration are top notch! Remind has had impressive growth (350,000) and financial backing ($59M). I see a strong market match here against demand, and wonder the following questions: Does remind support customers in any languages other than English? Is there any market info. available on revenues based on its monetization model? Specifically, has the pricing model launched? Also, during your research, did you come across any other companies in the competitive landscape? I very much agree with the challenges you summarized in their market development efforts -- product roadmapping a monetizable offering. Securing business experience and insights. Mapping out critical milestones, which demonstrate success. Excellent summary!

19 Feb
1 Thumbs Up!
Cassy Weber @cassyw

Hi Kat -- loved the Videoscribe about Remind. The flow and narration are top notch! Remind has had impressive growth (350,000) and financial backing ($59M). I see a strong market match here against demand, and wonder the following questions: Does remind support customers in any languages other than English? Is there any market info. available on revenues based on its monetization model? Specifically, has the pricing model launched? Also, during your research, did you come across any other companies in the competitive landscape? I very much agree with the challenges you summarized in their market development efforts -- product roadmapping a monetizable offering. Securing business experience and insights. Mapping out critical milestones, which demonstrate success. Excellent summary!

  • Expand
  • 0 Replies
  • in reply to Remind- Invest now, and see growth later!
  • Loading...
  • Previous
  • Next
Show only this category:
How to Begin

Custom Search

Tags

2014 2015 2016

Faculty of Education
Vancouver Campus
2125 Main Mall
Vancouver, BC Canada V6T 1Z4
Website pdce.educ.ubc.ca/
Email pdce.educ@ubc.ca
Back to top
The University of British Columbia
  • Emergency Procedures |
  • Terms of Use |
  • Copyright |
  • Accessibility