Strong writeup on the SaaS-for-education angle. The retention dynamics you highlighted are key - switching costs in education aren't just about tech integration but literally disrupting a child's continuity of learning, which creates a different type of moat than typical B2B software. The tech deployment mishap losing 5-6% of enrollment is concerning but the fastthat districts didn't flee entirely suggests the core value prop holds. I've seen similar situations in edtech where implementation fumbles get smoothed over if the underlying platform actually solves a real problem. The AWS comparison is apt tho, theres a first mover window here that wont last forever once people realize the unit economics.
Yeah stuff like that does happen. We've seen it happen on a national scale with cybersecurity companies or with AWS/Azure going offline and what not. Stride at the end of the day is a people business first and a technology company second from what I can tell. There's a lot here that seems like it would be difficult to put a dent in the company's stronghold. You will need capital, knowledge in the education industry, and you will need win some contracts in order to have even a starting point. Thanks for the comment!
Nice article I’ve looked at this a decent amount after its recent drop. I think it’s likely to perform satisfactory from these levels. As a public math teacher in a previous life I think the wind is at their back, should be able to grow for a long time. My biggest concern with the stock is how good is the material are kids actually learning? It shouldn’t be that hard to create curriculum that smart students would excel at, if they can do that there would be a lot of value added to the country.
If you get a lot of not so good students who aren’t going to try could make test scores look pretty bad all online. Wouldn’t be Strides fault these kids would struggle in traditional schools.
Long story short if they create good content this thing can really go.
Yeah I'm not sure about the quality of the material as I don't have a way to see this myself. They're a top 10 employer of teachers in the nation at least according to the company, they have folks on the board/management/directors who have come from school districts or administratively. They look like a benefactor of some of the public education brain drain, not sure if that's because of the job quality and/or compensation but it looks like they have a ton of "knowledge capital" to get something like this done. I'd be a lot more skeptical if this company hasn't been around since the 2000s I will say that much.
Student's learning quality is a loaded question. There's a bunch of factors that go into learning for kids...student engagement, teaching/methods/curriculum, family involvement, etc. Best they can do is do well in the variables they can control and make adjustments based on feedback from students/families. Thanks for the comment, appreciate your perspective! Enjoy the holidays!
Strong writeup on the SaaS-for-education angle. The retention dynamics you highlighted are key - switching costs in education aren't just about tech integration but literally disrupting a child's continuity of learning, which creates a different type of moat than typical B2B software. The tech deployment mishap losing 5-6% of enrollment is concerning but the fastthat districts didn't flee entirely suggests the core value prop holds. I've seen similar situations in edtech where implementation fumbles get smoothed over if the underlying platform actually solves a real problem. The AWS comparison is apt tho, theres a first mover window here that wont last forever once people realize the unit economics.
Yeah stuff like that does happen. We've seen it happen on a national scale with cybersecurity companies or with AWS/Azure going offline and what not. Stride at the end of the day is a people business first and a technology company second from what I can tell. There's a lot here that seems like it would be difficult to put a dent in the company's stronghold. You will need capital, knowledge in the education industry, and you will need win some contracts in order to have even a starting point. Thanks for the comment!
Nice article I’ve looked at this a decent amount after its recent drop. I think it’s likely to perform satisfactory from these levels. As a public math teacher in a previous life I think the wind is at their back, should be able to grow for a long time. My biggest concern with the stock is how good is the material are kids actually learning? It shouldn’t be that hard to create curriculum that smart students would excel at, if they can do that there would be a lot of value added to the country.
If you get a lot of not so good students who aren’t going to try could make test scores look pretty bad all online. Wouldn’t be Strides fault these kids would struggle in traditional schools.
Long story short if they create good content this thing can really go.
Yeah I'm not sure about the quality of the material as I don't have a way to see this myself. They're a top 10 employer of teachers in the nation at least according to the company, they have folks on the board/management/directors who have come from school districts or administratively. They look like a benefactor of some of the public education brain drain, not sure if that's because of the job quality and/or compensation but it looks like they have a ton of "knowledge capital" to get something like this done. I'd be a lot more skeptical if this company hasn't been around since the 2000s I will say that much.
Student's learning quality is a loaded question. There's a bunch of factors that go into learning for kids...student engagement, teaching/methods/curriculum, family involvement, etc. Best they can do is do well in the variables they can control and make adjustments based on feedback from students/families. Thanks for the comment, appreciate your perspective! Enjoy the holidays!