1M fewer college students: is it a problem? + Ask an Angel with Zach Coelius | E1360

This Week in Startups

Jason Calacanis

Technology

4.4 • 1.3K Ratings

🗓️ 13 January 2022

⏱️ 78 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

First Jason covers the recent college enrollment decline (1:23) and lay out his alternative (9:56). Then Zach Coelius joins for an Ask an Angel session, where they answer 12 audience questions about investing and startups (20:37).

(00:00) Jason intros the show
(01:23) There are 1 million fewer college students in the U.S. compared to pre-pandemic levels
(08:57) Dataiku - Create transparent, repeatable, and scalable AI and analytics programs. Visit https://dataiku.com to learn more.
(09:56) Jason's college alternative
(17:51) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist
(19:03) Ask an Angel welcoming Zach Coelius to the show
(20:37) What is the definition of an outlier success in VC?
(29:56) Are investors okay with founders that use no-code software like Bubble as an MVP?
(32:43) Fiverr - Sign up for https://Fiverr.com/Business free for the first year and save 10% on your purchase with promo code JASON
(34:16) How does a seasoned investor deal with a founder who is headed in the wrong direction?
(39:49) Common pitch failures?
(43:23) When should you go for top line versus bottom line?
(49:14) Would VC funds do better with individuals instead of institutions?
(53:31) What industries Zach and Jason would like to see disrupted
(1:03:03) How much of an impact does bad reputation have on investing?
(1:04:22) What makes a good Board Meeting?
(1:08:02) As a VC, is it better to stay off the board from a liability standpoint?
(1:10:55) What is too expensive at the seed stage?

Check out Coelius Capital: https://coelius.vc/

FOLLOW Zach: https://twitter.com/zachcoelius
FOLLOW Jason: https://linktr.ee/calacanis
FOLLOW Molly: https://twitter.com/mollywood

Transcript

Click on a timestamp to play from that location

0:00.0	Okay, no molly today. It's day nine of her being the co-host and she's out sick. Oh my god
0:05.5	She might have she might have the Rona. Let's hope it's the Omicron, but she's doing okay
0:09.1	So I'm gonna do just a quick solo news and then I'm gonna talk with Zach Holies and do ask an angel
0:15.4	The first story I want to talk about is the fact that a million less kids have enrolled in college in
0:20.8	2021
0:21.9	Compared to 2019 and I'm gonna tell you why this might be a great thing stick with us. It's gonna be a great episode
0:28.0	This week in startups is brought to you by
0:31.4	Data IQ allows companies to leverage one central solution to design deploy and manage AI and analytic
0:39.3	applications visit data IQ to learn more
0:42.9	lemon.io need to speed up your product development without draining your budget higher vetted engineers
0:49.6	from Europe at lemon.io go to lemon.io slash twist to get 15% off for the first four weeks
0:58.0	and
0:59.0	Fiver Business is a modern workplace for the digital world their team of dedicated business success
1:05.0	managers help match you with the best freelancers for your team
1:09.2	Right now you can sign up for Fiver Business free for the first year and save 10% on your purchase
1:15.5	With promo code Jason. That's f-i-v-e-r-r.com slash business and use promo code Jason
1:24.0	All right everybody before we get to our
1:27.1	Ask an angel with Zach Holies. There was a story that I I saw across my news feed and
1:32.4	I thought this was particularly important and I had something to say about it and
1:36.4	Here's the big headline over a million fewer students enrolled in college this fall. This is in the United States
1:42.9	Compared to pre-pandemic levels in other words two years ago 2019 I would assume
1:48.2	That represents the lowest enrollment numbers in 50 years a nonprofit called the national student
	...

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