Investment Team @blumeventures | @UCBerkeley Economics & @BerkeleyHaas School of Business | Unhealthy obsession with EdTech | Perpetually seeking coffee.
Oct 11, 2022 • 10 tweets • 4 min read
Improving Mental Health has become one of the most talked about needs over the last 5 years, making therapy, self-help apps, group support, alt therapy big opportunity areas.
This #MentalHealthDay, @BlumeVentures looked at what opportunities this market holds for startups👇
1/ Why is the demand growing?
1⃣COVID➡️spurt in anxiety, grief, loneliness, stress
2⃣Higher awareness, lower stigma💪
3⃣Later age pregnancies leading to more common developmental delays in kids
4⃣More nuclear families leading to breakdown of age old family support systems👩👦
Pre-PMF, most of what you build won't work & once you hit PMF you can't pause the work —> so, you carry over junk from earlier.
Don't accumulate debt in your project management!
1/n
Jul 29, 2020 • 12 tweets • 5 min read
Edtech Thread👇
In Part 2 of @BlumeVentures' Edtech series, we deep dive into the ‘Continuous Learning’ sector. This includes any learning activity after formal education (school, college, & testprep) is complete.
As Twitter last week became the 1st co to announce permanent remote work, several 1st/2nd order effects were assessed (SF real estate $, 🚗traffic, rental $ in Tier2 cities, etc). Now as Square, Facebook, Shopify follow suit, it would be interesting to see other effects👇
1/10
1a/ Temp workers outnumber full time workers in several tech cos inc the likes of Google. Several temp workers are blue collar workers (cooks, janitors, guards) at massive silicon valley campuses. As WFH becomes permanent, demand for such blue collar workers will decrease
2/10
