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282 - Shauntel Garvey on Edtech Impact Investing

From Getting Smart Podcast · Hosted by Tom Vander Ark

2020-09-23·00:39:25

Episode summary

In this episode of Getting Smart Podcast: In this episode, Tom is talking education venture funding with Shauntel Garvey! Shauntel is a partner and co-founder of Reach Capital, an impact-focused edtech venture fund that was spun out of non-profit NewSchools Venture Fund, in 2015. Since then, they have deployed about $95 million in 61 investments, including some well-known startups such as ClassDojo, Ellevation, NearPod, and Newsela — all while maintaining a focus on education and workplace innovations.

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Original publisher description

In this episode, Tom is talking education venture funding with Shauntel Garvey! Shauntel is a partner and co-founder of Reach Capital, an impact-focused edtech venture fund that was spun out of non-profit NewSchools Venture Fund, in 2015. Since then, they have deployed about $95 million in 61 investments, including some well-known startups such as ClassDojo, Ellevation, NearPod, and Newsela — all while maintaining a focus on education and workplace innovations. Join the conversation to learn more about Reach Capital, how they have evolved since branching out from NewSchools, the amazing companies in their portfolio, what a typical investment process looks like, and all about return, growth, and impact when it comes to venture funding. Key Takeaways: [:10] About today's episode. [:45] Tom welcomes Shauntel Garvey to the podcast. [:53] How did Shauntel get to MIT? [2:50] Why did Shauntel decide to go to Stanford and pursue a dual education MBA? [4:01] Was Shauntel aware of how many extraordinary people have gone through this same program when she was going through it herself? [4:49] Shauntel shares about when she first learned about NewSchools Venture Fund and what led her to become...