Startmate helped Edrolo supercharge their ideas and passion to educate the next generation of students

05/08/2015
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Edrolo
Ben, Jeremy and Duncan, the three founders of Edrolo, left jobs at Google and Goldman Sachs to pursue their passion. They believed that great teachers should reach audiences of tens of thousands of students not the few that could cram into a single classroom. And that kids wanted to watch video on their mobile devices not read textbooks that weighed kilos.
Edrolo was unique to Startmate in that all three founders were non-technical. While Startmate doesn’t have a hard and fast rule, it is a true exception that a team without technical founders will be a match for Startmate.
Beyond the quality of Ben, Jeremy and Duncan there were two insights that were very powerful:
The first is that the explosion of online educational video like that published on Khan Academy and a host of other wonderful resources is great but unfortunately it isn’t very specific to the curriculum of high school students. As much as students could learn about general concepts, they want help with the specific thing they are working on at school that week and they want everything very highly tailored around their curriculum.The second is that great teachers are paid $60k and horrible teachers are paid $60k. Not only that but the impact of a great teacher is limited to the few classes of students they are able to teach each year.

Can we can reward rockstar teachers so that they could be paid millions and reach every student in the state or country?

Edrolo have made a large amount of progress since Startmate and now students and schools in countries around the world pay to access the charisma and knowledge of rockstar teachers.

Applications for the Startmate program are open until 30 September 2015. 
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About Startmate:

Startmate help teams build enduring companies and help them avoid all the activities and theatre that take away from that mission.

The founders of many of Australia’s great technology success stories put up their own money and time to help you succeed and join them in the decades to come. They also connect teams to Silicon Valley investors and other founders.

About this program:

We’d like to partner with founders who want to do something big. We care about ambition. If you’re going to give up your life to do a startup, let’s make it something inspirational.

Startmate initially invests $50k in exchange for 7.5%. Further, the mentor group can collectively vote to invest a further $100k at the round terms.

The program will begin in January of 2016 and selected companies spend the first three months in Sydney and the final two in SF.

Applications are open until 30 September 2015. This article and information provided, originally appeared on Startmate.com.au

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