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It’s a good time to invest in early-stage edtech, investors say
It would be shortsighted to overlook edtech amid the present downturn, especially now that AI is disrupting nearly every industry out there.
Indeed, when we reached out to a cohort of specialized and generalist investors, we found that with AI in the picture, edtech startups have been as quietly busy as a subterranean network of moles in fall. This announcement has, of course, greatly benefited their stock price, and I’m sure the Duolingos among the edtech companies will be quite ready to invest in the top opportunities next year that show sustainable growth. Although we didn’t see many interesting edtech opportunities within our own deal flow in 2023, the wave of AI-driven unemployment will require re-education on a massive-scale to equip individuals with the necessary skills for this new normal.
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