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ETEC 522 – Ventures in Learning Technologies
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  • W01: Emerging Markets
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    • Who is the Customer?
    • What is a Venture?
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    • W03: Analyst Bootcamp
    • A Game with Three Pitches
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pshui

pshui

Week 10 – Makerspaces summaries

Week 10 – Makerspaces summaries

By pshui on November 20, 2016

Hello everyone, We had 12 responses to our WEEK 10 MAKERSPACES survey.  Here are the results: 1. How do you define a Makerspace? A place where you can make things from what you’ve learnt. It is a creative space, where people can gather to create, build, invent and learn. I am fairly new to the […]

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A1 Analyst Report – Byju’s learning app

By pshui on October 16, 2016

Hi everyone, Please click the link below for my analyst report for Byju’s learning app: www.wix.com/learning-with-byju Thanks and I hope you will enjoy! Christy

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Royole Corporation-Bill Liu

By pshui on October 4, 2016

The Venture: Royole “Royole is a global start-up company focusing on R&D of novel information display technologies, especially the research, design, development and manufacturing of the flexible displays and related electronic devices. Royole Corporation operates in three major high-tech regions globally: Silicon Valley in the U.S., Hong Kong, and Shenzhen, China, since starting in the […]

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Hello from Hong Kong/Vancouver!

By pshui on September 14, 2016

Hello everyone, My name is Christy, I am originally from Hong Kong and I will be staying in Vancouver this fall. (I just arrived today!) A brief introduction about myself: I am a researcher in political science (more specifically democratic development and government innovation) and I am currently an entrepreneur as well 🙂 I founded INVO, a […]

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Hello from Boston!

Hello from Boston!

By pshui on September 9, 2015

Hi everyone! My name is Christy Hui. I am originally from Hong Kong. I studied in my home city before I moved to Vancouver, where I received my undergraduate degree at Simon Fraser University, majoring in Economics. After my graduation, I moved back to Hong Kong and began working as a research analyst. I then became actively […]

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30 Sep Posted on Learn Education (Thailand)

Problems in Thailand’s education system High student dropout rate; 124,611 students dropout each year (in high school, the dropout rates increase over 200%) Low academic performance of students: the results of O-NET (national examination) in math and sciences fall significantly below national standards Lack of quality and quantity in teachers (particularly in the subjects of Mathematics and Sciences, the number of which is 66,094 less than what Thailand needs) Solutions Improving Human ware by engaging and developing teachers’ skills through teaching training and implementation process Advancing software by leveraging technology blended learning tools Connecting software and human ware through digital and active in-class learning modules Learn Thailand’s Investment Showcase Learn Thailand(founded in 2011) Investor: DBS Bank Ltd Role of Investor: Lead Funder Amount of Financing: $74,052 Type of Financing: Grant Legal Registration Type: Social Enterprise / Business Country: Thailand Social Sector: Children and youths Stage of Development: Pilot / Start-Up (Source: https://avpn.asia/investmentshowcase/learn-education/) Impact https://www.dbs.com.sg/iwov-resources/forms/nus/learn-education.pdf Comments and questions Personally, I found the underlying problems of teacher shortage a structural one, which requires the government to give higher priority to education in their budget. We can see that the number of teachers has not been shown to increase after Learn Thailand was introduced and Thailand may continue to face a shortage in quantity even though the increase in quality may only have an indirect effect in the long run as improvement in quality increases teachers' retention rate and encourages more people to become a teacher. A notable change in the teachers' market may require a significant teacher pay rise, improvement in working conditions and educational/training programs. These changes can be time-consuming and costly. In terms of target audience, there are 5,000,000 students in Thailand while this venture has an anticipated impact of 200,000 by 2020, which is only approximately 5% of the total population of students. Despite its limitations, I would still consider investing in this social venture. A social venture has the advantage of raising public awareness for the government to reform the education system and addressing broad social problems with potentially sustainable solutions. In this case, Learn Thailand brings us a powerful message for change. The presenter has clearly identified some of the core problems in Thailand’s education system and he made a case for supporting Learn Thailand by addressing the pain point, solution, differentiation. With the statistics presented, he delivered a strong message that these problems need to be dealt with urgently. Since it was founded in 2011, Learn Thailand has proven to bring positive social impact to students of Thailand by decreasing students' dropout rate and improving their academic performance. As a social entrepreneur or philanthropist, I am convinced that Learn Thailand is for a good cause and has the potential to create more social impact to Thailand in the future. I think that it’s also quite effective to let a teacher share her experience by the end of the presentation. However, as an EVA, I would need some more information to consider investing in Learn Thailand. For social ventures like Learn Thailand to grow and self-sustain, they must first find ways to work with the private sector and business to make it profitable in order to expand its social impact further. Suggestions The presenter may want to provide more information in his pitch. By addressing some of the following concerns, he could make Learn Thailand is stronger case for EVA. -Financial sustainability: The grant was $74,052, investors would be interested to know the break-down of the investment, such as: how much of the grant was spent on designing and building the software? Is it self-sustainable? How much is needed for maintenance? Will there be any return? -Accessibility and marketing: How accessible is the software? Are teachers financed/supported? How much was spent on marketing to reach more people in Thailand? -Impact: How does Learn Thailand help students coming from low income families? -Scaling: If the only source of financing were a one time grant, could they make markets work in the long run? -Competition: Who/what are the (potential) competitors? Any potential to help bring Learn Thailand to new geographic areas (scale out) and new levels of systems of institutions (scale up)? References: Learn Thailand. The Asian Venture Philanthropy Network (AVPN). Retrieved from https://avpn.asia/investmentshowcase/learn-education/.

30 Sep
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pshui @pshui

Problems in Thailand’s education system High student dropout rate; 124,611 students dropout each year (in high school, the dropout rates increase over 200%) Low academic performance of students: the results of O-NET (national examination) in math and sciences fall significantly below national standards Lack of quality and quantity in teachers (particularly in the subjects of Mathematics and Sciences, the number of which is 66,094 less than what Thailand needs) Solutions Improving Human ware by engaging and developing teachers’ skills through teaching training and implementation process Advancing software by leveraging technology blended learning tools Connecting software and human ware through digital and active in-class learning modules Learn Thailand’s Investment Showcase Learn Thailand(founded in 2011) Investor: DBS Bank Ltd Role of Investor: Lead Funder Amount of Financing: $74,052 Type of Financing: Grant Legal Registration Type: Social Enterprise / Business Country: Thailand Social Sector: Children and youths Stage of Development: Pilot / Start-Up (Source: https://avpn.asia/investmentshowcase/learn-education/) Impact https://www.dbs.com.sg/iwov-resources/forms/nus/learn-education.pdf Comments and questions Personally, I found the underlying problems of teacher shortage a structural one, which requires the government to give higher priority to education in their budget. We can see that the number of teachers has not been shown to increase after Learn Thailand was introduced and Thailand may continue to face a shortage in quantity even though the increase in quality may only have an indirect effect in the long run as improvement in quality increases teachers' retention rate and encourages more people to become a teacher. A notable change in the teachers' market may require a significant teacher pay rise, improvement in working conditions and educational/training programs. These changes can be time-consuming and costly. In terms of target audience, there are 5,000,000 students in Thailand while this venture has an anticipated impact of 200,000 by 2020, which is only approximately 5% of the total population of students. Despite its limitations, I would still consider investing in this social venture. A social venture has the advantage of raising public awareness for the government to reform the education system and addressing broad social problems with potentially sustainable solutions. In this case, Learn Thailand brings us a powerful message for change. The presenter has clearly identified some of the core problems in Thailand’s education system and he made a case for supporting Learn Thailand by addressing the pain point, solution, differentiation. With the statistics presented, he delivered a strong message that these problems need to be dealt with urgently. Since it was founded in 2011, Learn Thailand has proven to bring positive social impact to students of Thailand by decreasing students' dropout rate and improving their academic performance. As a social entrepreneur or philanthropist, I am convinced that Learn Thailand is for a good cause and has the potential to create more social impact to Thailand in the future. I think that it’s also quite effective to let a teacher share her experience by the end of the presentation. However, as an EVA, I would need some more information to consider investing in Learn Thailand. For social ventures like Learn Thailand to grow and self-sustain, they must first find ways to work with the private sector and business to make it profitable in order to expand its social impact further. Suggestions The presenter may want to provide more information in his pitch. By addressing some of the following concerns, he could make Learn Thailand is stronger case for EVA. -Financial sustainability: The grant was $74,052, investors would be interested to know the break-down of the investment, such as: how much of the grant was spent on designing and building the software? Is it self-sustainable? How much is needed for maintenance? Will there be any return? -Accessibility and marketing: How accessible is the software? Are teachers financed/supported? How much was spent on marketing to reach more people in Thailand? -Impact: How does Learn Thailand help students coming from low income families? -Scaling: If the only source of financing were a one time grant, could they make markets work in the long run? -Competition: Who/what are the (potential) competitors? Any potential to help bring Learn Thailand to new geographic areas (scale out) and new levels of systems of institutions (scale up)? References: Learn Thailand. The Asian Venture Philanthropy Network (AVPN). Retrieved from https://avpn.asia/investmentshowcase/learn-education/.

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