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?


Listen Later

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/



Support the show

...more
View all episodesView all episodes
Download on the App Store

The Pursuit of ScrappinessBy Uldis Teraudkalns & Janis Zeps

  • 5
  • 5
  • 5
  • 5
  • 5

5

1 ratings


More shows like The Pursuit of Scrappiness

View all
The Diary Of A CEO with Steven Bartlett by DOAC

The Diary Of A CEO with Steven Bartlett

8,832 Listeners

LHV by LHV

LHV

1 Listeners

FT News Briefing by Financial Times

FT News Briefing

666 Listeners

Šķiltava | Žurnāls Ir by Žurnāls Ir

Šķiltava | Žurnāls Ir

4 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,913 Listeners

Dwarkesh Podcast by Dwarkesh Patel

Dwarkesh Podcast

71 Listeners

Investeerimisjutud by Swedbank Eestis

Investeerimisjutud

2 Listeners

Ukraine: The Latest by The Telegraph

Ukraine: The Latest

1,866 Listeners

Nestor & Koppel by SEB Eesti

Nestor & Koppel

0 Listeners

Kāpēc by Delfi.lv

Kāpēc

1 Listeners

Off The Record Podcast by Käsitle seda infot justkui "Off The Record" ehk mitteavalikult

Off The Record Podcast

0 Listeners

Sestdienas Rīta Kafijas podkāsts ar Valteru Vestmani by Valters Vestmanis

Sestdienas Rīta Kafijas podkāsts ar Valteru Vestmani

0 Listeners