NGPF Podcast: Reach Capital's Shauntel Garvey and Jennifer Carolan discuss trends in educational technology
Thanks to Jennifer Carolan and Shauntel Garvey for joining me on the NGPF Podcast recently. NGPF got its start in the Reach Capital offices so I am eternally grateful to Jennifer and Shauntel. Not only did they provide us with space (a table) but they also provided the wise counsel and guidance that we needed. In this podcast, they provide insights into the life of a venture capitalist, what they look for in start-up edtech companies and then share a few war stories from several of their portfolio companies, including Nearpod and Newsela. Enjoy!
- 0:00~1:23 Introduction
- 1:23~5:59 Jennifer talks about how she got into the venture capital world
- 5:59~9:33 Shauntel discusses her passion for education and technology
- 9:33~11:52 On having complementary skills as co-founders
- 11:52~15:07 Typical day as a venture capitalist
- 15:07~19:27 What makes a good pitch?
- 19:27~27:22 On investing in Nearpod
- 27:22~31:32 On evaluating companies
- 31:32~38:31 The emphasis on diversity, equity, and inclusion
- 38:31~39:29 What to include in a pitch
- 39:29~42:24 Women in venture capital
- 42:24~45:01 What’s missing in EdTech?
- 45:01~47:05 How many pitches do you hear in a week?
- 47:05~49:43 The future of venture capital
- 49:43~52:53 Future EdTech products
- 52:53~54:30 Conclusion
“I want to make sure that [when I invest in a company] there’s a big vision here. Maybe you’re starting as one niche in something but then how does it get big eventually?” -Shauntel
“I think it’s so important for this whole industry to think about the implications and impact of what they are funding because venture capital is a powerful sector in terms of fuel for growth for companies.” -Jennifer