Showing posts with label internet startups. Show all posts
Showing posts with label internet startups. Show all posts

Wednesday, 2 April 2008

Money for Everything

A year ago, School of Everything was still basically a group of friends kicking an idea around. Today, we took an important step closer to making that idea a reality, as we announced that we've succeeded in raising the angel investment we've been looking for. As Paul (who's led our fundraising) says, it's been quite an adventure:

There are all kinds of funny stories associated with our hunt for the right investors. 10 Downing Street, wearing the wrong kind of trousers, facebook stalking and a tank just for starters. I can’t begin to tell you how much we’ve learned. The overall lesson for me though is that if you have a good idea, a good team and can show you’re serious about making the idea reality, there’s no shortage of people willing to back you.

We're all really excited, not just about the money, but about the people and organisations who have chosen to invest. It feels like we've found a group of backers who share the values behind what we're doing. JP Rangaswami, one of our investors and our new chairman, writes:

Since 1987, the only stakes I’ve held have been in the companies I worked for, and they’ve been acquired while I worked for them. That’s been a Rule for me.

Rules, however, are proven by exception. And I’ve made an exception.

School of Everything...

I have a passion for education, in many forms and shapes. One of my goals in life has always been to set up a school, from scratch...

I met the founders many months ago, and they have a passion about them, an excitement about them, an excitement that bodes well for the future.

The other investors are Esther Dyson, Rocco Pelligrenelli, and the educational wing of UK broadcaster Channel 4 - as well as the Young Foundation, who've supported us from the earliest stages.

I never planned on being an entrepreneur. I was writing a book about my own and other people's attempts to change the world - or at least avoid getting a proper job. Then one of those attempts took on a life of its own. I still can't quite take it seriously when I see myself listed as a "Chief Strategy Officer" - but I'm convinced that School of Everything matters and that I've got an important part to play in making it happen.

Now we have to get on with spreading the word and developing the community of people learning and teaching through the site.

Tuesday, 2 October 2007

School of Everything Goes Live!

When a new school opens in the UK, it's customary for a member of the royal family to cut a ribbon or unveil a plaque.

Adam asked me the other day if we had something similar planned for the opening of the School of Everything. I said it would probably be less an opening, more a case of leaving the door unlocked and seeing who wanders in...

Well, that's what we did! The site went live some time last Friday afternoon. (I missed the historic moment, as I was driving a van up the M1 at the time.) It's still very early days and there's a lot we need to fix, but it's exciting to see teachers starting to add themselves to the site.

So go and check it out, list something that you could teach, pass it on to your friends - and let us know what you think!

www.schoolofeverything.com

Thursday, 30 August 2007

Exciting times for The School of Everything

When I moved to Sheffield a few years ago, I soon discovered that the city's newsagents were more likely to stock the Morning Star than the Financial Times. If you're interested in stories with long-term consequences rather than short-term news value, either paper generally beats the rest of the British press. But when I stepped out this morning, it was in search of the distinctive salmon pink pages of the FT. At the third shop, I found a copy.

Why this urgent quest? Because today's the day the paper was to announce the finalists for Seedcamp. In fact, the article inside was mostly about Seedcamp itself - a week-long masterclass for Europe's most promising high-tech startups, with coaching from many of the leading figures in the internet scene. You had to visit FT.com for the rundown of the 20 finalists, picked from 270 applicants to participate in next week's event.

But what matters - or, at least, the reason for my trek around Sheffield's newsagents - is that The School of Everything made the list! (We'd known for a few days, but there's nothing like seeing it in print - or hypertext, as it happens...)

It's been an amazing year for Team Everything, since we quit our "proper jobs" to work on this - and the excitement has been growing over the past few weeks. We're still a little way off having a public version of the site, but making progress fast. I believe what we're building has the potential to bridge between the long-standing networks of informal learning which sit on the edge of today's education system - in areas such as music teaching or driving instruction - and the vision which many people have been reaching towards of a society in which learning is no longer thought of primarily in terms of schools, classrooms, curricula and the other structures of industrialised education.

It's a pretty grand project! You might even say we're trying to "change the world" - though that doesn't mean much until we actually do it. I wouldn't believe we had a chance, if I wasn't working with four people I trust to be good at the stuff I'm not good at. Not to mention an incredible network of older and wiser heads who've been lending us their support and credibility along the way.

Things are certainly getting exciting - but there's still a hell of a way to go before we've achieved anything substantial. Roll on next week, though. I'm looking forward to meeting all the other teams, learning from each other - and from the amazing range of mentors the Seedcamp organisers have drawn in to work with us over the week!

(Meanwhile, I'm off to spend the weekend singing folk songs and drinking good beer in a cowshed on the North York Moors...)

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This blog was my online home between 2006 and 2009. Today, you'll find me scattered across the internet. To start looking, go to my personal website: http://dougald.co.uk/

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