Launched in May 2015, Blue Elephant Capital is the first EdTech-focused venture fund in China. Following an introduction by Sophie Chen of JMDedu, the leading business-to-business EdTech media in China, founding partner, Bill Ning shared his vision for investment trends in China as well as cross-border business opportunities for the US and China in international education and edtech.
Watch the full seminar on Vialogues.
Excerpts from the discussion
@06:06 dinosossi2: The rise in Chinese affluence will create additional disposable income that could help them invest informally in edtech products (e.g., portable devices and educational apps, etc.)
@08:24 Brian Sweeting I think this is a common reaction to economic anxiety. During the 2008 recession in the US, enrollment in higher ed programs increased. (Recession and Completion, Inside Higher Ed)
@19:30 dinosossi2 5-6% of Chinese GDP is spent on education. As a result, there is a great deal of discretionary spending for things like edtech devices and apps.