6 Comments

What other sectors/industries do you see this business model+ product offering working in ?

Expand full comment

Need a write up on corporate structuring; how HoldCo’s work etc, and like I said in my comment on the Gymshark post, just an in-depth explainer on stock options/RSUs, how it all corporate governance/structuring works in general..

Expand full comment

In any other sector, an organisation with this many individual subscribers would lead to someone in corporate/procurement calling you up and demanding some sort of enterprise-level pricing and crushing down the margins. Those people simply don't exist in schools.

Expand full comment
author

Right -- they do do *some* level of enterprise pricing, but from what I understand, there's very little of it.

The 'beauty' of this model from the school's point of view is that it forces the cost burden on to the individual teachers to pay out of pocket, which is insane. For the sake of £8 per teacher per month, every school in the country should be signed up.

Expand full comment

Exactly. I was sort of amazed this didn't already exist in some form, or wasn't provided by the DfE or a teacher's union or someone similar. But as an out of pocket cost to a teacher at crazy margins, it's almost unbelievable - though your article explains why.

Expand full comment
author

Yeah, there are resources like TES and the like that try to make this available to teachers -- but from what I understand, the quality is poor, they're not updated, the timeliness sucks, etc.

Expand full comment