Top Hat Raises $22.5M Series C in a Tough Vertical: What Can We Learn from their Success
Version One Ventures
FEBRUARY 15, 2017
Generally speaking, Ed Tech has proven to be a tough vertical, primarily due to the fact that it’s hard to charge consumers (students) directly. While bottom-up distribution is pretty common now in other verticals, it’s important to realize that bottom-up is rarely done in Ed Tech. They focused on revenue early on. They hustle.
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