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The Corner


Joined: 03/05/2015 Posts: 17450
Likes: 19136

Yes. Its a classic 'Slope of Enlightment' story.

After the intitial hype of revolutionizing the model they always end up concluding the most profitable business plan is always to provide services to the traditional "higher education" providers and entrenched interests who control the customer acquisition pipelines and reputational assets.

You can substitute the words 'health services', 'primary education', 'homebuilding', 'real estate', 'financial services', or most other large-market industries where I wrote "higher education". It is the same story almost every time - these industries are not geared around who can deliver the best product, they are geared around who can do the best customer acquisition and who has built up entrenched networks to protect their market.

(In response to this post by GoochlandHoo)

Posted: 05/19/2020 at 2:58PM


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