I have seen the the boom and bust cycles of Bansal, Resonance, Aakash, and more recently Allen. They all did something right for a while. But this coaching space is - tbh - similar to a service industry as your scaling requirements are directly dependent on teachers. So well it’s the teachers who are the product.
Without teachers you can’t do much so all this IPO and brand - somehow deep down - makes me feel PW will also see the strain in the coming future.
Well good for Alakh and his peer, they will get their money out. But as the scale of these “services” increases - the quality has to go down.
I generally am ominous about this industry as a whole.
I actually feel the coming generation would do better by working towards and getting involved with good startup incubators like TiE and bring in the entrepreneurial spirit.
Well well, I hope the investors of PW don’t read my comment 😅😋
I have seen the the boom and bust cycles of Bansal, Resonance, Aakash, and more recently Allen. They all did something right for a while. But this coaching space is - tbh - similar to a service industry as your scaling requirements are directly dependent on teachers. So well it’s the teachers who are the product.
Without teachers you can’t do much so all this IPO and brand - somehow deep down - makes me feel PW will also see the strain in the coming future.
Well good for Alakh and his peer, they will get their money out. But as the scale of these “services” increases - the quality has to go down.
I generally am ominous about this industry as a whole.
I actually feel the coming generation would do better by working towards and getting involved with good startup incubators like TiE and bring in the entrepreneurial spirit.
Well well, I hope the investors of PW don’t read my comment 😅😋