shaking up the world of education - oplerno presentation for sanoma
DESCRIPTION
Oplerno was invited by Sanoma to speak to their accelerator program about their way to achieve financing and launch a revolution.TRANSCRIPT
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WE ARE NOT SOLICITING FOR FUNDS RIGHT NOW
DISCLAIMER
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My Begin
Today
Oplerno
Investors
Our Solution
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Who
am
I?Daniël W. Crompton
● First sale age: 6
● Number of Companies: > 5
● Burn rate: 100k/y
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My
Last
Sta
rtup
?
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Whe
re O
pler
no s
tart
ed Rob Skiff● Vermont Commons School co-founder● Pursuing Ed.D.
Dan Kirk● Adjunct lecturer● Student advisor● University staff member
Daniël● Autodidact● Developer
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Wha
t is
Opl
erno
? Revolutionary!
Disruptive!
Transparent!
Pure Market
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Online Learning Platform
Platform through which students can earn:
College Credit*
*accreditation pendingWha
t is
it? R
eally
?
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Diff
eren
t fro
m M
OO
Cs?
Transfer of Course Credits
Much smaller classes
More Student - Faculty Interaction
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Wha
t we
are?
Rea
lly! Business Model
E-commerce
Two Sided Market
Faculty Generated Content
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That
mea
ns w
e ne
ed...
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Firs
t fun
ding
:
● Rob● Rob's family● Savings
● Contracted, trusted team labor
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For most funding you need a few things:TractionGood TeamGood StoryValue PropReasonable Goal*
*) don't try to fund an ENTIRE project via crowd funding if the project is very bigW
hy a
m I
telli
ng y
ou?
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6 m
onth
s ag
o w
e ha
d A Good IdeaA Good Team
Some PromisesA Goal
To an investor that really means:
Nothing!
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Fund
ing
Ang
els?
come back when you have traction
come back when you have a community
come back when you have content
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Wai
t a m
inut
e... Are they giving us feedback?
What does that mean we need?
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Inve
stor
s ar
e te
lling
us
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We
need
acc
redi
tatio
n!
CATCH-22
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We
are
a m
ovem
ent!
COMMUNITY!!!
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Get
ting
com
mun
ity?
CROWD FUNDING!
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Cro
wd
Fund
ing
Goa
ls Getting the Crowd requires Goal!
Create a community!
● Recruit Faculty● News coverage where it matters● Get Known Amongst True Believers● Earn Money
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Cro
wd
Fund
ing
- MVP
Products are being tested
Products are being sold
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Res
ult
Our One True Metric: Faculty Recruitment
70+ Faculty
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Nex
t Ste
p In
vest
men
t?
Do we still need investors?
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Than
ks fo
r hav
ing
me!
QUESTIONS?
www.oplerno.com@webhat
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