In an article written by Goldie Blumsenstyk on the Chronicle of Higher Education, she highlights a company and ed-tech entrepreneur who believes he knows the solution to a few common problems in higher education.
Paul Freedman’s company, Entangled Ventures, is working towards building a solution to the many problems that higher education faces. In order to do this, he hopes to convey these issues to start-up technology companies. He believes that there is a translation issue between what higher education needs and what companies build. The focus is to build solutions, not products that serve the needs of colleges.
The key philosophy of his company is to get involved early in pilot testing by these start-up companies. He believes that he can be the “translator” for higher education and get their needs met by building a relationship between the college and start-up company. He wants to convey the issues that colleges are having to start-up companies to allow them to build around them and adequately target the needs of the college.
This not only benefits the college but also the start-up company that is looking for a break into the technology industry. It would allow for these companies to test out their products and be supported by a higher education institution. Most companies rarely get the ears of someone at an institution. They would also be providing a product that would be used readily.
Companies such as Entangled Ventures not only help to build relationships between higher education and start-ups but they also invest in young companies. By investing at such an early stage, they also have a much larger financial stake.
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