This Week in Startups

1M fewer college students: is it a problem? + Ask an Angel with Zach Coelius | E1360

Jan 13, 2022
Zach Coelius, an angel investor famed for his straightforward advice, joins to tackle the nation’s surprising drop of one million college students. They explore shifting attitudes towards education, especially the rise of two-year degrees and gig economy jobs. In the 'Ask an Angel' segment, Zach answers burning questions about being an investor, the significance of MVPs, and common pitfalls in startup pitches. They discuss how bad reputations can impact investments and weigh the pros and cons of top-line versus bottom-line strategies.
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INSIGHT

College Enrollment Decline

  • College enrollment is declining, possibly due to increased wages in other sectors.
  • Young people may be choosing higher-paying jobs over incurring college debt.
ADVICE

College Alternative

  • Consider an alternative to expensive college: save, learn in-demand skills, and join a startup accelerator.
  • This approach offers practical experience and potential equity, surpassing college debt.
INSIGHT

Outlier Success in VC

  • Angel investors need enough portfolio companies to potentially have an outlier success.
  • Balancing diversification with concentrated ownership in winners is crucial.
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