The Pursuit of Scrappiness #6 - Will your university diploma come from Apple? 3 ways to fund your business without giving up equity and - did you know you can become a VC yourself today?
Global Education and Training is estimated to be a 7tn$ industry by 2025, but only 4% of it is digital. S^&t is about to go down.
We also list ways to get financing for your startup without getting diluted, give a quick tip on how you can become a VC by buying shares in a Baltic Nasdaq listed investment fund, and try real hard to recall a successful Kickstarter campaign that has since grown into a major company.
Should you go for a 4-year degree from Google in 6 months now available at $39 per month? Does it make sense to do equity crowdfunding for a B2B SaaS company? Find out in the latest episode!
Things you will learn from listening to this episode:
Remote education:
- There are not many ways for Big Tech to add hundreds of billions in revenue in order to keep growing their share price. Meanwhile, global Education and Training is estimated to be a 7tn$ industry by 2025 (and only 4% of it is digital)...
- VC Investment in EdTEch doubles during the pandemic to reach 16.1 bn$ in 2020
- Existing universities to provide an increasing number of remote and hybrid programs
- Coursera IPOs at 7bn last week offering a platform to get fully remote degrees & certificates from accredited brands. Google offers it at $39 per month, but you can also get an online degree from HEC Paris - full price, sorry, no shortcuts there. Yet.
Alternatives to VC funding:
- In the earliest stages, nothing beats a good bootstrap
- Competition among investors for Baltic startups has intensified with the emergence of strong angel syndicates as well as a growing number of active foreign investors
- Crowdfunded companies historically have struggled to grow into global businesses
- Equity crowdfunding is a good funding mechanism for consumer products, especially if the consumers have investable assets
- Angel syndicates are competing with VCs for Seed and Series A deal flow in the Baltics
- There are new completely non-dilutive fundraising methods like revenue-based lending and selling of SAAS/subscription contracts
Highlights of the week
- New early-stage investor - Baltic Tech Ventures - is listed on Nasdaq Baltic meaning that you can now become an investor in a VC fund
- 3 Nordic startups in Top 6 of Europe-wide rankings of the most well-funded startups in each country (and 2 Baltic unicorns in Top 11) by CB Insights
Find out more on https://www.pursuitofscrappiness.co/
Support for this episode comes from NexPay > https://paynexpay.com/