The piece also covers startup fundamentals to avoid product failure, emphasizing the importance of understanding customer pain points to develop the right products. It mentions Exxon's recent clash with shareholders over climate change issues and critiques Rypplzz’s $3M seed deck for lacking useful information.
Key takeaways:
- Edtech startups have been busy with AI, and investors are hoping that the technology will lead to more innovation in the education sector.
- Companies can avoid product failure by better understanding their customers' pain points and developing the right products that solve the right problems at the right time, according to Zeda.io founder and CEO Prashant Mahajan.
- Exxon is facing criticism for its reaction to shareholders exercising their rights in a way that acknowledges the realities of climate change and seeks to guide the company towards a net-zero future.
- Rypplzz's pitch deck, despite having nine slides, lacks a lot of expected information, according to pitch expert Haje Kamps.