Cost vs Quality in Edtech – Keith Schacht, Avichal Garg, and Geoff Ralston

Summary

The conversation revolves around the challenges and misconceptions surrounding educational technology startups. The speakers discuss the trade-off between cost and quality in edtech, the differences in consumer buying psychology between the US and other countries, and the potential for growth and monetization in the edtech market. They also highlight the importance of understanding student motivation and engagement, the need for immediate feedback in the learning process, and the changing dynamics of software purchasing decisions in schools. The speakers emphasize the importance of clear thinking and communication skills, the societal goals of education, and the potential for innovation and redefining traditional education in the edtech space.

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