Here is the public post for task 1:
๐ My Journey with Athena VC Begins! ๐
Last week, I embarked on an incredible journey with Athena VC(https://www.athena.vc), a self-paced, hands-on learning platform designed for budding entrepreneurs like myself. For a long time, I struggled with finding structure and direction in achieving my goals, but Athena VC's structured and practical approach is helping me gain clarity and focus.
โจ Week 1 Progress Update:
With my background in video generation ๐ฝ and the EdTech SAAS space, I've always been passionate about improving educational resources. I've identified two key ideas:
- AI-Based Ad Creation App: The challenge of producing high-quality ads efficiently for agencies and companies inspired this idea.
- AI-Generated EdTech Videos: My new and exciting idea focuses on creating engaging educational content through AI, addressing several industry pain points.
๐ก Key Issues Identified:
- Difficulty for educators to create content easily.
- Time-consuming content creation process.
- Lack of high-quality, subject-specific animations (e.g., sine wave animations, regression graph animations).
- Educators often aren't camera-friendly.
๐ Market Research
After researching the market, I've discovered that there are very few solutions addressing these issues. With the EdTech market valued at $150 billion in 2024 and projected to reach around $550 billion with a CAGR of 14.2%, my solution could significantly contribute to its growth. Affordable, high-quality EdTech is the future of learning.
After analyzing 10+ companies backed by investors like Sam Altman, Peter Thiel, and Bill Gates (https://vnotebook.in/analyzing-investor-backed-companies), I discovered that the key to a successful company lies in a blend of product, team, and user sentiment. While the ratios may differ by industry, the core elements remain consistent. User sentiment, in particular, was a crucial insight for me.
๐ฅ Next Steps:
- Analyze existing competitors in this space.
- Speak with 10+ users and 5+ mentors. (If you're interested, feel free to DM me)
- Continue sharing my progress publicly to enhance accountability.
A big thank you ๐ to Rob Liu(https://www.linkedin.com/in/robliu) and Rishi Kabra for providing this opportunity. Check out my blog for detailed insights on my journey: https://vnotebook.in/athena-journey
Stay tuned for more updates as I continue this exciting journey!
#AthenaVC #EdTech #AI #StartupJourney #Innovation #Entrepreneurship #ProgressUpdate
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