Intern dramas: how to navigate hiring, short stays and delegating tasks in the year of disruption – EU-Startups

Intern dramas: how to navigate hiring, short stays and delegating tasks in the year of disruption  EU-Startups
“startups when:1d” – Google News

VC Daily: Investors Eye Seattle; Data-Analytics Funding Stays Up Amid Pandemic; Clearlake Raises New Fund – The Wall Street Journal

VC Daily: Investors Eye Seattle; Data-Analytics Funding Stays Up Amid Pandemic; Clearlake Raises New Fund  The Wall Street Journal
“startups when:1d” – Google News

As the world stays home, edtech’s Q2 venture totals rose sharply

My friend and colleague Natasha Mascarenhas has been reporting on the edtech beat quite a lot in 2020. So far reading her coverage, I’ve discovered that not only is edtech less dull than I anticipated, it’s actually somewhat interesting on a regular basis.

This week, for example, India’s Byju bought WhiteHat Jr., another Indian edtech company, for $ 300 million. So what, you’re thinking, that’s just another startup deal? Yes, but it was an all-cash transaction, and White Hat Jr. was only 18 months old.

That’s enough to tell you that edtech is hot at the moment. Which makes sense: much of the world is sheltering at home with school and offices shuttered.


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The COVID-19 era has provided an enormous boon to many software startups, though some more than others. Luckily for its boosters, edtech, after being neglected by VCs due to an expectation of small exits and long sales cycles thanks to red tape, is one of the sectors enjoying renewed interest from private investors and customers alike.

According to a Silicon Valley Bank (SVB) markets-focused report, edtech venture funding reached a local-maxima in Q2 2020, jumping more than 60% from the first quarter of this year to the second. On a year-over-year basis, Q2’s VC edtech results were even more impressive.

But, there’s some nuance to the data that should temper declamations that private edtech funding is forever changed.

This morning let’s peel apart the SVB data and parse through edtech funding rounds themselves from the second quarter to see what we can learn. COVID-19 is remaking the global economy as we speak, so it’s up to us to understand its evolving form.

An edtech boom?

From the top-line numbers, you’d be forgiven for thinking that edtech’s Q2 venture capital results were across-the-board impressive.

Before we dig into the results themselves, here’s the chart you need:

Startups – TechCrunch

Flipkart raises $1.2 billion, Oyo’s ‘Sanitised Stays’ and other top startup stories of the day – CNBCTV18

Flipkart raises $ 1.2 billion, Oyo’s ‘Sanitised Stays’ and other top startup stories of the day  CNBCTV18
“startups when:1d” – Google News

GeekWire Podcast: What pandemic? Tech funding stays strong; Accolade’s IPO; Future of sports – GeekWire

GeekWire Podcast: What pandemic? Tech funding stays strong; Accolade’s IPO; Future of sports  GeekWire
“startups when:1d” – Google News

Chinese apps ban watershed moment for desi startups’ user experience, valuation only if sentiment stays – Financial Express

Chinese apps ban watershed moment for desi startups’ user experience, valuation only if sentiment stays  Financial Express
“startups when:1d” – Google News

Amazon acquires self-driving car startup as demand stays hot for autonomous delivery – DC Velocity

Amazon acquires self-driving car startup as demand stays hot for autonomous delivery  DC Velocity
“startups when:1d” – Google News