education market puncturing equilibrium

PUNCTURING EQUILIBRIUM: Couldn't help but snicker at the apocolyptic pronouncements by Messiers Peter Thiel and Max Levechin at this week's TechCrunch conference when they intoned that innovation is "between dire straights and dead." Biggest problem, they say, is that no one wants to take on the hard problems. Hmm, we think edtech'ers are taking on plenty of very hard problems. Alan Louie describes it as "punctuated equilibrium," periods of quiet development disrupted at odd times by dramatic bursts of change. We’re with him. Feels like the edtech industry is quietly percolating ideas. Much like John Doerr proclaimed about the Internet in 1995, we believe these changes are underhyped.

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