Equity
Why a16z-backed Wonderschool is acquiring EarlyDay
Mar 28, 2024
Chris Bennett, CEO and co-founder of Wonderschool, discusses the strategic acquisition of EarlyDay, which aims to tackle staffing shortages in childcare. Engaging with former EarlyDay CEOs Emma Harris and Melissa Tran, they explore challenges in the sector, including financial burdens and declining providers. The conversation emphasizes the importance of innovative solutions, like AI for recruitment, and the need for childcare investment post-COVID. They highlight how treating childcare as a business can elevate care quality and create a more sustainable environment.
33:16
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Quick takeaways
- Wonderschool is acquiring EarlyDay to address staffing shortages in childcare by enhancing quality and efficiency.
- EarlyDay's focus on finding qualified childcare teachers complements Wonderschool's goal of successful childcare business operations.
Deep dives
Early Day and Wunder School Combination
Wunder School CEO Chris Bennett acquired early day, a move aimed at addressing staffing shortages in childcare. This partnership emerged from recognizing the shared focus on childcare and education. Early day's emphasis on staffing complements Wunder School's goal of helping childcare businesses operate successfully.
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