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ETEC 522 – Ventures in Learning Technologies
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    • ☛ Introduce Yourself!
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  • 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
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    • W01 – Emerging Markets
    • W02 – Market Projections
    • W03 – Pitch Pool
    • W04 – Founders Parade
    • W05-12 – Opportunity Forecasts (A2)
    • W13 – Venture Forum (A3)
    • Analyst Reports (A1)
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Matt

Matt

I’m a dad and a student!

A3 – MeLearn

A3 – MeLearn

By Matt on March 28, 2020

Our education system is stuck in the 19th Century and needs an update!  MeLearn is a fictional company based on a concept that could revolutionize our entire system of education. I honestly love and believe in this concept … but feel that it’s a monstrous task to take on the education ‘establishment’.  And I’m not […]

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Week 11: Microlearning OER

Week 11: Microlearning OER

By Matt on March 15, 2020

Hello Fellow ETEC’ers from Kendra, Michael, and Matthew! Welcome to Week 11 of the Opportunity Forecasts and our presentation on Microlearning! Winston Churchill once said “Personally, I am always ready to learn; although I don’t always like being taught”.  In a world that moves at high speed and requires fast reactions, microlearning is a new […]

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VR for School Districts?

VR for School Districts?

By Matt on February 13, 2020

Virtual Reality is an exciting new frontier in education. Many teachers, principals, parents, and students are anxious to begin teaching and learning with this new technology and are encouraging their school districts to invest in this expensive technology.  School Board members and Superintendents are wondering if now is the time to invest in this initiative, […]

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Martin & Meti Basiri – ApplyBoard

Martin & Meti Basiri – ApplyBoard

By Matt on January 28, 2020

A recent Canadian success story in the tech world!  Martin and Meti founded ApplyBoard in 2015.  It is a career guidance platform for higher education students. Its main purpose is that it enables users to discover and apply for foreign university programs. ApplyBoard is free for students and charges fees to universities for generating leads. They […]

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Dough Universe – Teaching Circuits

By Matt on January 24, 2020

This was a successful Kickstarter campaign in 2017.  The company’s website describes their product like this: “Teach your kids about electricity and the power of light, sound and motion whilst crafting some awesome dough creatures with this complete Dough Universe pack. Featuring the award-winning Bright Creatures kit plus our other popular Dough products, Techno Sounds, […]

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I’m here!!  (Coming from Chestermere, AB)

I’m here!! (Coming from Chestermere, AB)

By Matt on January 13, 2020

Hi Everyone! For some reason, I was locked out of this course for all of last week.  But some techy support people at UBC got things straightened out and now it’s game on! A little about me – I grew up on a farm outside a tiny town in Southern, Alberta.  (Welling if you want […]

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2 Apr Posted on Yes! Thanks for taking the time to reply…

Thanks.

2 Apr
0 Thumbs Up!
Matt @mbwilde

Thanks.

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2 Apr Posted on Thanks Matt. I’m so interested by this…

Thanks Aziza, I would love to have unlimited time and resources to really pursue this (but I guess those are just excuses aren't they!)

2 Apr
0 Thumbs Up!
Matt @mbwilde

Thanks Aziza, I would love to have unlimited time and resources to really pursue this (but I guess those are just excuses aren't they!)

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2 Apr Posted on Hi Matt, I couldn’t agree more with you…

Very nice thoughts and important considerations to be sure! Thanks for taking the time....and you could not have paid me a higher compliment than you did with your last sentence!

2 Apr
0 Thumbs Up!
Matt @mbwilde

Very nice thoughts and important considerations to be sure! Thanks for taking the time....and you could not have paid me a higher compliment than you did with your last sentence!

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2 Apr Posted on Matt, thanks so much for your pitch. I c…

Totally understandable. Glad you could appreciate it for what it is! Many thanks. We'll save the political debate for some other time. ;-)

2 Apr
0 Thumbs Up!
Matt @mbwilde

Totally understandable. Glad you could appreciate it for what it is! Many thanks. We'll save the political debate for some other time. ;-)

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1 Apr Posted on A3 – MeLearn

Hi all - to hopefully answer Carla and Aziza's questions (which were great!) and clarify for everyone, I thought I'd post here. The target market (in my ideal world) would be a complete shakeup of the K-12 and post-secondary education system that we have today. I'd be aiming for a 100% publicly funded, but 100% privately delivered education system. I should have made that more clear in the video, I can see now. MeLearn would basically be the means of HOW people would connect their students to the type of privately offered education they want for their students (or themselves in post-secondary)....and then it would take a cut (%) of the transaction. But the 'delivery' of the education would be a total free-market. If teachers/experts wanted to get together and form a traditional "school" setting and offer it at a lower rate to attract more students, then they would advertise that on MeLearn. If a teacher wanted to provide one-on-one mentoring, then they could offer that at a higher rate....whatever the market demands. And all this would be communicated through MeLearn profiles. Parents would do some homework and find what works best for their situations. The idea is that competition would drive the education system to improve and not remain stagnant...in all these areas. UDemy is getting closer to the idea I'm proposing....but it is also used as a content delivery system so the instructors are generally limited to the online environment. MeLearn would act more as a commission-taking middle man with no content delivery. I realize the $$'s I used represent the entire education spending of the government each year (including on buildings etc), but what I'm saying is that if the whole delivery system (K through post-secondary) becomes privatized then all that infrastructure would also become privatized (eventually) and those costs would be built into what teachers (and potential "schools") would eventually charge the students....and MeLearn is designed to take a % of all those transactions - hence the huge potential! Sorry to be verbose. Hope that clarifies! :-)

1 Apr
0 Thumbs Up!
Matt @mbwilde

Hi all - to hopefully answer Carla and Aziza's questions (which were great!) and clarify for everyone, I thought I'd post here. The target market (in my ideal world) would be a complete shakeup of the K-12 and post-secondary education system that we have today. I'd be aiming for a 100% publicly funded, but 100% privately delivered education system. I should have made that more clear in the video, I can see now. MeLearn would basically be the means of HOW people would connect their students to the type of privately offered education they want for their students (or themselves in post-secondary)....and then it would take a cut (%) of the transaction. But the 'delivery' of the education would be a total free-market. If teachers/experts wanted to get together and form a traditional "school" setting and offer it at a lower rate to attract more students, then they would advertise that on MeLearn. If a teacher wanted to provide one-on-one mentoring, then they could offer that at a higher rate....whatever the market demands. And all this would be communicated through MeLearn profiles. Parents would do some homework and find what works best for their situations. The idea is that competition would drive the education system to improve and not remain stagnant...in all these areas. UDemy is getting closer to the idea I'm proposing....but it is also used as a content delivery system so the instructors are generally limited to the online environment. MeLearn would act more as a commission-taking middle man with no content delivery. I realize the $$'s I used represent the entire education spending of the government each year (including on buildings etc), but what I'm saying is that if the whole delivery system (K through post-secondary) becomes privatized then all that infrastructure would also become privatized (eventually) and those costs would be built into what teachers (and potential "schools") would eventually charge the students....and MeLearn is designed to take a % of all those transactions - hence the huge potential! Sorry to be verbose. Hope that clarifies! :-)

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1 Apr Posted on 21st Century Personalized School

REVIEW: This pitch has a lot of great ideas and like Manize mentions sounds a lot like a broad, all encompassing vision of what the education system should be like. I definitely agree with the sentiments and think that it has a similar flavor to my own venture pitch. I did have a few concerns with the venture pitch though. Though the ideas are broad and grand, I'm still a little unsure what I would be investing in exactly. I'm thinking it's basically an online school with some physical/local elements. But I didn't get a clear picture of this in the pitch. The video was extremely slow which didn't help with my motivation to keep watching to find out more (but I did!). The numbers that were given near the end were flashed up quickly and I was a little unsure what exactly I was looking at or how they related to the pitch....especially the ask for the specific dollar amount at the end with the promise of millions. It all felt a little bit vague and Dragon's Den-ish. Overall, I have to say that I *think* I agree with the idea, but I'd need more information before investing.

1 Apr
1 Thumbs Up!
Matt @mbwilde

REVIEW: This pitch has a lot of great ideas and like Manize mentions sounds a lot like a broad, all encompassing vision of what the education system should be like. I definitely agree with the sentiments and think that it has a similar flavor to my own venture pitch. I did have a few concerns with the venture pitch though. Though the ideas are broad and grand, I'm still a little unsure what I would be investing in exactly. I'm thinking it's basically an online school with some physical/local elements. But I didn't get a clear picture of this in the pitch. The video was extremely slow which didn't help with my motivation to keep watching to find out more (but I did!). The numbers that were given near the end were flashed up quickly and I was a little unsure what exactly I was looking at or how they related to the pitch....especially the ask for the specific dollar amount at the end with the promise of millions. It all felt a little bit vague and Dragon's Den-ish. Overall, I have to say that I *think* I agree with the idea, but I'd need more information before investing.

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1 Apr Posted on A3: – Questions – The Algebra App

REVIEW: Haha, first of all....anything with that Allen Iverson quote makes me more happy. So, that's a win for the venture pitch. Honestly, after the elevator pitch, I wasn't too excited and figured that there was already something out there on the market that would do something similar. But reviewing the venture pitch changed my mind. So that's another win! James' website offers a thorough exploration of pain points in current market - and his excellent credentials in the field back them up. He uses the "Cube" model as an effective way of pitching it to investors....even though they likely won't know what the model is. But he uses it in a way that they will understand. One concern I have is whether or not people would be willing to pay for such an app since I always want all my apps for free, but James gives an explanation of how all the funding would work and how the price of the app will drop - and it made a lot of sense. The two things that most convinced me were the description given of the current market and how this app will fill a niche that currently isn't being filled which helped me realize that maybe there is use for 'another' math app. This coupled with his significant credentials in the field helped to convince me that this is a good product. Would I invest, I'd have to say no....but not because of anything I can find wrong with the pitch. It's just simply not something that gets me super excited emotionally. But the pitch is very well done.

1 Apr
1 Thumbs Up!
Matt @mbwilde

REVIEW: Haha, first of all....anything with that Allen Iverson quote makes me more happy. So, that's a win for the venture pitch. Honestly, after the elevator pitch, I wasn't too excited and figured that there was already something out there on the market that would do something similar. But reviewing the venture pitch changed my mind. So that's another win! James' website offers a thorough exploration of pain points in current market - and his excellent credentials in the field back them up. He uses the "Cube" model as an effective way of pitching it to investors....even though they likely won't know what the model is. But he uses it in a way that they will understand. One concern I have is whether or not people would be willing to pay for such an app since I always want all my apps for free, but James gives an explanation of how all the funding would work and how the price of the app will drop - and it made a lot of sense. The two things that most convinced me were the description given of the current market and how this app will fill a niche that currently isn't being filled which helped me realize that maybe there is use for 'another' math app. This coupled with his significant credentials in the field helped to convince me that this is a good product. Would I invest, I'd have to say no....but not because of anything I can find wrong with the pitch. It's just simply not something that gets me super excited emotionally. But the pitch is very well done.

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1 Apr Posted on Zaffold

REVIEW: Wow....this might honestly be the best venture pitch in the whole forum. The elevator pitch useful and the green screen use was commendable. I was especially impressed with the venture pitch though. Chris packs a huge amount of information in a concise, clear manner. And it didn't feel overwhelming at all. The market and product were clearly laid out and the forecasts look highly realistic. Overall, the entire feel of the pitch is very professional and respectable. The idea is sound and I think he's correctly identified a niche that needs to be filled. I like that he's not trying to compete with the already huge players in this market - but instead plans to work with them and eventually make them come to him to make their content easily accessible through his app (once critical mass is reached). There would be some challenges with getting everything to be able to compare apples to apples (ie. similar courses from two different organizations....would they give extra 'credential' or simply 'check off' the same boxes. But nothing that some background work wouldn't cover. Overall, this is a for sure YES that this is something I would be willing to invest in.

1 Apr
1 Thumbs Up!
Matt @mbwilde

REVIEW: Wow....this might honestly be the best venture pitch in the whole forum. The elevator pitch useful and the green screen use was commendable. I was especially impressed with the venture pitch though. Chris packs a huge amount of information in a concise, clear manner. And it didn't feel overwhelming at all. The market and product were clearly laid out and the forecasts look highly realistic. Overall, the entire feel of the pitch is very professional and respectable. The idea is sound and I think he's correctly identified a niche that needs to be filled. I like that he's not trying to compete with the already huge players in this market - but instead plans to work with them and eventually make them come to him to make their content easily accessible through his app (once critical mass is reached). There would be some challenges with getting everything to be able to compare apples to apples (ie. similar courses from two different organizations....would they give extra 'credential' or simply 'check off' the same boxes. But nothing that some background work wouldn't cover. Overall, this is a for sure YES that this is something I would be willing to invest in.

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1 Apr Posted on Assignment 3 – GradHat

FEEDBACK: Love the actual elevator too! Funny. I was a little confused at first, but then I got it. :-) This idea sounds pretty awesome and your website looks really well developed. I didn't read through everything, but from what I saw, it looks like you've got a good handle on what you're doing. Just a thought - a little more excitement/interest in the elevator pitch video (some images...or anything) would help keep people focussed and interested.

1 Apr
1 Thumbs Up!
Matt @mbwilde

FEEDBACK: Love the actual elevator too! Funny. I was a little confused at first, but then I got it. :-) This idea sounds pretty awesome and your website looks really well developed. I didn't read through everything, but from what I saw, it looks like you've got a good handle on what you're doing. Just a thought - a little more excitement/interest in the elevator pitch video (some images...or anything) would help keep people focussed and interested.

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1 Apr Posted on G-Interact!

FEEDBACK: Well this is a timely product! And you elevator pitch video is very well made. My son and daughter both just had online class meetings with their teachers via Google Meets (part of the G-Suite for Education) and a product like this would have been helpful, I'm sure. It sounded a little chaotic today! I think you'll have a difficult road ahead getting Google to hop on board. Zoom already does everything mentioned in your video and knowing Google's track record, they might just buy Zoom instead! Good luck!

1 Apr
1 Thumbs Up!
Matt @mbwilde

FEEDBACK: Well this is a timely product! And you elevator pitch video is very well made. My son and daughter both just had online class meetings with their teachers via Google Meets (part of the G-Suite for Education) and a product like this would have been helpful, I'm sure. It sounded a little chaotic today! I think you'll have a difficult road ahead getting Google to hop on board. Zoom already does everything mentioned in your video and knowing Google's track record, they might just buy Zoom instead! Good luck!

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