This week, the EdSurge On Air podcast features three "Extra" editions focusing on investors: how they choose what to invest in, where the money is flowing, what personalization in schools means to them, and more.

On this episode, we speak to Jennifer Carolan, a former educator who started a vertically-focused seed fund under New School Venture Fund as a non-profit back in early 2010, and has since made more than 15 investments. She talks impact investing, venture capital, and what efficacy really looks like in reality.