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| |  | | Last week, we asked several VCs who are active in edtech to talk about where they’re seeing opportunities in light of the massive, sudden shift to remote learning. But what happens to the sector’s boom after students return to campus? We asked 11 leading VCs to offer their predictions for a post-COVID-19 era. Today, edtech grabs less than 5% of the $1.6 trillion spent on education in the U.S. — is that poised to change? - Tetyana Astashkina, LearnLaunch
- Jean Hammond, LearnLaunch
- Marlon Nichols, MaC Venture Capital
- Mercedes Bent, Lightspeed Venture Partners
- Jennifer Carolan, Reach Capital
- Shauntel Garvey, Reach Capital
- Jan Lynn-Matern, Emerge Education
- Tory Patterson, Owl Capital
- Ian Chiu, Owl Capital
- Tony Wang, 500 Startups
For our next survey on Thursday, 17 investors will share their thoughts about COVID-19’s impact on consumer startups. Have a great week, and stay safe. Walter Thompson
Senior Editor, TechCrunch
@yourprotagonist Read more | | | |
| |  Image Credits: maiteali / Getty Images | | In today’s column, Alex Wilhelm looks at three trends: - The sharp decline in Q1 U.S. seed rounds
- How mega-rounds ($100 million and larger) are holding up the sky for domestic venture totals
- What March tells us about what's going on with COVID-19 and VC activity
Read more | | | |
| |  Image Credits: Epoxydude / Getty Images | | As more employees work from home for the first time and IT teams are scattered to the four winds, cyberattacks are intensifying in the U.S. and around the world. The threat landscape is expanding rapidly; read this brief overview to learn more about recent waves of attacks. Read more | | | |
| |  Image Credits: Getty Images | | As CEO of Expensify, David Barrett oversees an operation that has processed billions of dollars in expense reports for some of the world’s top startups. Now that we’re in the midst of a global financial crisis, he offers four principles for making smart choices that “start way before the point of scouring spreadsheets for savings.” Read more | | | |
| |  Image Credits: Brian Ach / Getty Images | | This is a heck of a time for anyone to be starting a new job, so you can imagine how much pressure is weighing on Arvind Krishna, IBM’s new CEO who started last week. Krishna sails into strong headwinds as he grapples with dreadful economics and a years-long cultural transformation begun by former CEO Ginni Rometty. “No pressure or anything,” writes enterprise reporter Ron Miller. Read more | | | |
| |  Image Credits: Photo by Phillip Faraone/Getty Images for WIRED25 / Getty Images | | The coronavirus pandemic has had a chilling effect on the travel industry. Senior Editor Alex Wilhelm examines how Airbnb is taking steps to hold on to its customer base, protect its cash position and keep its eyes on the IPO prize. Read more | | | |
| |  Image Credits: Mario Tama / Getty Images | | Last week, Union Square Ventures Managing Partner Albert Wenger joined us for a live conference call where we discussed a wide range of issues, including how much cash entrepreneurs should hold onto in these times, whether startups should apply for loans under the Paycheck Protection Act and took questions from Extra Crunch members. More Extra Crunch Live calls are coming up, so join the conversation! Read more | | | |
| |  | | In her weekly column, Sarah Perez recapped Quibi’s debut, Apple and Google’s plans to collaborate on a COVID-19 tracking tool, an iOS leak that points to an Apple version of Android's "Slices,” and reported on other device-related happenings. Read more | | | |
| |  Image Credits: Treedeo / Getty Images | | Zack Whittaker has launched “Encrypted,” a weekly column that recaps the latest security news. In his inaugural outing, he covered “Twitter's terribly confusing, not at all alarming privacy policy change,” Zoom’s ongoing attempts to resolve its security woes, a roundup of security startups and other news from the sector. Read more | | | |
| |  | | In a Extra Crunch Live session hosted by Senior Editor Jordan Crook, she spoke with three children’s digital media execs to find out how the COVID-19 pandemic is impacting their industry: - Craig Donato, chief business officer of Roblox
- Nancy MacIntyre, co-founder and CEO of Fingerprint
- Dylan Collins, co-founder and CEO of SuperAwesome
Read more | | | |
| |  | | You might assume that widespread shelter-in-place orders would boost interest in podcasts, but downloads have fallen 10% since the beginning of March, and unique listeners fell by 20%, according to podcast advertising company Acast. To get some insight into the emerging picture, Acast CEO Ross Adams spoke to Anthony Ha about changing listener habits, improving podcast discovery and the potential for ad revenue to rebound after the crisis is over. Read more | | | |
| |  Image Credits: Ron Miller/TechCrunch | | Organizers of Adobe Summit pivoted their massive yearly conference on the Las Vegas Strip into a one-day digital presentation, even though they had less than a month to make it happen. “We actually got a lot of kudos for not trying to fake it and set up green screens with everyone in virtual situations,” VP of Experience Marketing Alex Amado told TechCrunch. Read more | | | |
| |  Image Credits: Andrew Zarivny / Shutterstock | | How is the Great Pause affecting startups in the Beehive State? Alex Wilhelm spoke with Ryan Smith, CEO and co-founder of Provo-based Qualtrics, pulled Q1 funding numbers and looked at activity from several startups in the state before concluding that Utah’s tech ecosystem is not “drying up and blowing away.” Read more | | | |
| |  | | Most of us would prefer not to be described as an “undertaker,” a “grave digger” or “Terminator,” but Marty Pinchinson, founder of Sherwood Partners, is comfortable with these labels. His restructuring firm, which sells off the assets of failed startups, is busier than ever these days. Normally, he winds down 2-3 companies each week, but recently, that’s just one day’s work. Read more | | | |
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