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Ethan Keiser

๐Ÿ‘ค Speaker
162 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1638 How He Makes Universities More Money By Keeping Students From Flunking

Absolutely.

SaaS Interviews with CEOs, Startups, Founders
1638 How He Makes Universities More Money By Keeping Students From Flunking

So we solve a problem for higher education and corporations.

SaaS Interviews with CEOs, Startups, Founders
1638 How He Makes Universities More Money By Keeping Students From Flunking

The problem is that, at least in higher education,

SaaS Interviews with CEOs, Startups, Founders
1638 How He Makes Universities More Money By Keeping Students From Flunking

50% of college students fail out.

SaaS Interviews with CEOs, Startups, Founders
1638 How He Makes Universities More Money By Keeping Students From Flunking

It's a big issue.

SaaS Interviews with CEOs, Startups, Founders
1638 How He Makes Universities More Money By Keeping Students From Flunking

And the reason for why they fail out could be a number of things.

SaaS Interviews with CEOs, Startups, Founders
1638 How He Makes Universities More Money By Keeping Students From Flunking

And what we find is that a lot of students come to college without the skill sets they need to be successful.

SaaS Interviews with CEOs, Startups, Founders
1638 How He Makes Universities More Money By Keeping Students From Flunking

That means they procrastinate, they don't self-regulate well.

SaaS Interviews with CEOs, Startups, Founders
1638 How He Makes Universities More Money By Keeping Students From Flunking

And we built an artificial coach that can analyze how a student is performing, look at their grades, integrate with the university systems, and then intervene when problems may arise.

SaaS Interviews with CEOs, Startups, Founders
1638 How He Makes Universities More Money By Keeping Students From Flunking

And we can actually predict the risk of a student at a university.

SaaS Interviews with CEOs, Startups, Founders
1638 How He Makes Universities More Money By Keeping Students From Flunking

And we've been selling this directly to institutions where

SaaS Interviews with CEOs, Startups, Founders
1638 How He Makes Universities More Money By Keeping Students From Flunking

to help improve the retention rate.

SaaS Interviews with CEOs, Startups, Founders
1638 How He Makes Universities More Money By Keeping Students From Flunking

So more students come back, they pay tuition and that's the university revenue model.

SaaS Interviews with CEOs, Startups, Founders
1638 How He Makes Universities More Money By Keeping Students From Flunking

We then support that by help improving their retention.

SaaS Interviews with CEOs, Startups, Founders
1638 How He Makes Universities More Money By Keeping Students From Flunking

So we sell enterprise license.

SaaS Interviews with CEOs, Startups, Founders
1638 How He Makes Universities More Money By Keeping Students From Flunking

Uh, it could be anywhere between 25,000 up to half a million, depending on the size of the institution.

SaaS Interviews with CEOs, Startups, Founders
1638 How He Makes Universities More Money By Keeping Students From Flunking

So it's a sliding scale based on the number of students enrolled at the university.

SaaS Interviews with CEOs, Startups, Founders
1638 How He Makes Universities More Money By Keeping Students From Flunking

We charge a per student fee.

SaaS Interviews with CEOs, Startups, Founders
1638 How He Makes Universities More Money By Keeping Students From Flunking

I would say that'd be on the low side for sure.

SaaS Interviews with CEOs, Startups, Founders
1638 How He Makes Universities More Money By Keeping Students From Flunking

I mean, the average would be closer to like 70, 70 ish.

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