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Synopsis
Amid talk of a downturn and a “funding winter”, are businesses going through an inevitable cycle or a bubble? ET Prime explores this question with respect to the education sector, especially in K12. By assuming valuation as the metric to assess the impact of venture capital on this sector, are the long-term benefits of innovation in education being ignored?
A few centuries ago, the promise of the New World had beckoned shipbuilders, adventurers, and navigators alike. How were those journeys, full of uncertainty, navigated? A large role was played by investors who took the risk. Besides, there was no insurance in those days. Even a few centuries down the line, the development of technology such as railroads was again possible because of government funding and private enterprise.Innovation and
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