Jose Ferreira
Jose Ferreira
Jose Ferreirais an American entrepreneur and Founder and CEO of Knewton...
NationalityAmerican
ProfessionBusinessman
CountryUnited States of America
cares dollar market number size users valuable
No one cares how valuable your product is if its addressable market is small. The key isn't so much the number of users as it is the dollar size of the market.
derivative venture
Many venture capitalists say they're looking for the next big idea. But they aren't, really; they're looking for something derivative, because derivative is safe.
bad education factory fits gives good grades kids model system tells
The factory model of education is a gargantuan bureaucracy. Some kids are good fits - I wasn't. The system gives you bad grades and tells you you're stupid. You don't think, 'If this kid's not a good fit, it could be the system's fault.'
adds concrete cultural experience information personal replace teacher
Data adds concrete information to a teacher's observations and intuition, but it will never replace experience, personal relationships, and cultural understanding.
product scale time timing within worked year youtube
It's not enough to have a value-adding product in a big market. You also need the right conditions. Will you be able to scale revenues within a 5-10 year time frame? Is the timing right? YouTube wouldn't have worked pre-broadband.
best education facebook google infinitely learn life media product results search status updates
We know everything about what you know and how you learn best because we get so much data. And education is the highest-stakes media product in your life. It's infinitely more important than your Facebook friends' status updates or your Google search results because it's your future.
capital far few locations silicon venture
Venture capital today is clustered in just a few locations - Silicon Valley, New York, Boston, and D.C. It's far from efficiently distributed and accessible.
certainly venture
Venture capitalists certainly create value for themselves, but they also singularly create value for the rest of the world.
basic buy companies few fixing investors positions turned
Venture capitalists buy minority positions in young companies they think will grow quickly; buy-out investors buy most or all of companies they think can be turned around by fixing a few basic things.
In a crisis, markets always look to see who is the next-worst off and proactively begin shying away from them.
becomes business hiring illegal jail penalty time
If the penalty for hiring illegals is just a fine, it becomes a business decision. But if the penalty is jail time, illegal immigration will come to a screeching halt.
bank business call capital good loan risks venture
If your business had no risk, you could go get a bank loan and call it a day. VCs like risks - without them, venture capital wouldn't exist. But they need to be risks that VCs are good at assessing and managing.
fund investors
It is intellectually dishonest to lump venture investors with hedge fund and buy-out investors.
best companies company data difference gets looking party people third
We get more data about people than any other data company gets about people, about anything - and it's not even close. We're looking at what you know, what you don't know, how you learn best. The big difference between us and other big data companies is that we're not ever marketing your data to a third party for any reason.