- Bulletpitch
- Posts
- Next Gen HQ ✏️
Next Gen HQ ✏️
entrepreneurial education
setting the scene
what do Mark Zuckerberg, Bill Gates, Daniel Ek, and Jack Dorsey all have in common? (besides being billionaire tech founders💰)
they're all college drop outs ❌🎓
many educators struggle to provide the entrepreneurial ecosystem so many people seek 🔎
this week's company provides tools and a community for universities looking to retain entrepreneurial talent
in a sentence
Next Gen HQ is an educational technology company that teaches entrepreneurial thinking through an app and in-person experiences
teaches: works with schools, employers, or any other org. with young talent 🏫
entrepreneurial thinking: fosters a resourceful, creative, and innovative problem-solving mindset
experiences: content is delivered through the Next Gen HQ app as well as community events, mentoring, and an active network 🌐
bulleted version: any athlete knows the power of training with multiple reps; Next Gen HQ provides the reps needed to train the entrepreneurial muscle 💪
the basics
industry: education, community, talent development
headquarters: NYC 🚖
year founded: 2019
company size: <50 employees 💼
investors: Gino Wickman, Dylan Smith, Loeb.nyc, 1517 fund, Avalanche VC, David S Rose
amount raised: $2.3m pre-seed
business model: b2b2c - schools, gov, or employers buy subscriptions
sponsored by
founders know that building an app is no easy task, but Techstars-backed startup, Apsy, is innovating how apps are built through their AI platform
Apsy has quickly acquired their first 40 customers, generated $0.5M in revenue in their first year, and will be rolling out a new platform that walks users through building an app via verbal conversation
Apsy is raising their $2M seed round (with more than half already complete) and running a crowdfunding campaign as well; this is a company worth paying attention to
due diligence
what we like
🔵 blue-chip customers: Next Gen HQ sells to colleges, universities, and governments who can sign large contracts
plus, Next Gen HQ's curriculum will help increase retention
🚀 a generation of entrepreneurs: gen z has shown signs of being the most entrepreneurial generation, with 72% planning to run their own venture and 41% already doing freelance work
🎤 community + talent: with an expanding number of jobs and career paths, Next Gen HQ brings coaching concepts and a network to a younger generation and broader demographic
potential risks
📚 in-school programs: Next Gen HQ competes with schools who have their own entrepreneurship programs and student-run organizations
📈 scaling events: in-person events enhance the Next Gen HQ experience, but this part of the business is difficult to scale
👦🏽 target a bigger audience? as the name insinuates, Next Gen HQ is focused on developing young talent, but couldn't all ages benefit from picking up entrepreneurial skills?
founder profiles
Dylan Gambardella & Justin Lafazan (co-CEOs)
comps
why Next Gen HQ: Next Gen HQ already has thousands of users and premier customers including Amherst College and NYC schools; this early traction along with two talented CEOs position the company to inspire the next generation of thinkers 🧠
what do you think about this startup?we want to hear from you! |