Hindsight is 2020 ⌛️ Transcend Newsletter #37
What have we learned from this ridiculous year?
|Alberto Arenaza||Dec 29, 2020||9|
Hey, Alberto here! Welcome to the Transcend Newsletter.
The Transcend Newsletter explores the future of learning and the future of work, and the founders building it around the world.
Did you learn something from the Transcend Newsletter this year? Hit the ❤️ button to help us reach more awesome people like you!
Hindsight is 2020 ⌛️
Welcome to the last newsletter of 2020! As this year finally comes to an end, I wanted to bring back all of the ideas shared in this newsletter through this year.
We will look at:
Most popular newsletter issues of 2020
Cold vs Bold Takes of 2020
Transcend Network and 2021
1/3: The Newsletter in 2020
In 2020, I published 18 newsletters, reaching 1,100 new subscribers. We discussed topics such as the rise of remote work, the disruption of school for over 1.6B students worldwide or the transition towards a lifelong learning society.
Let's start by reviewing the most popular newsletter issues:
Finding meaningful work is a lot more difficult than simply matching companies with skilled candidates, especially when you want to find work you actually love.
A new wave of startups are supporting job seekers from the personal and career discovery stages, through mapping their skills and career journeys, skills training and placement into new positions and careers
The upskilling model of learning and working is slowly becoming mainstream, as we move from multi-year degree structures to shorter-term, more applied learning.
I proposed a marketplace that helps employees and individuals find the right training provider to learn the skills they need and estimate the ROI on that investment
The management training industry is a massive sector worth $24b annually. It is misunderstood and underinvested due to barriers that limit innovation, such as the customer not being the buyer, the small % of the employees who get access, or the little technological adoption.
The topics that resonated most with all of you were usually explorations of markets or trends that flew under the radar for the general public interested in education (with deep dives, market maps, opportunities for founders). I plan on making more of these in 2021!
2/3: 2020 takes: Bold or Cold?
2020 obviously had a fair amount of hot takes. Let’s see which ones went cold since.
Take #1: Big Tech in Higher Ed → 🔥
In, "Your degree is Amazon's opportunity", I predicted that Big Tech would make a deeper investment in higher education to finance course creation and own one vertical that defines their brand (Facebook = marketing, Apple = design)
Since then, Netflix announced a partnership with HBCUs and 2U that resembled the value chain analysis laid out in the newsletter, ServiceNow announced a partnership with Northeastern University for an apprenticeship degree in the UK. I'd expect many more of these partnerships in 2021.
Take #2: university demand drop → ❄️
In the two COVID-focused newsletters published in April, I predicted university demand would drop massively in 2020 and shift towards hybrid funding models where both employers and students share the risk of tuition, rather than only students.
In hindsight, that was mostly right for undergrad enrollment, but awfully wrong in post-graduate enrollment, which actually grew since the pandemic and where risk is most on the student. Lukewarm take at best!
Take #3: Vertical hiring networks → 🔥
In The Great LinkedIn Unbundling, I talked about the rise of vertical hiring platforms that focus on the skills needed by employers and candidates in specific industries.
Take #4: Upskilling marketplaces → ❄️
One of the main premises in The Upskilling Marketplace was that employees at companies could compare the ROI of a college degree for an employer (like Guild Education does) but also compare it to that of a bootcamp or industry certificate, so employees could make more data-drive decisions.
I had a few players in mind that could connect all these different players in a marketplace and offer it to employees, but that has simply not happened. Freezing cold take!
3/3: Transcend Network
2020 has been a big year for Transcend Network – the network that powers this newsletter, and the source of those hundreds of conversations with founders that lead to these insights.
This year, we went from nothing to supporting 60 early-stage founders who went through the Transcend Fellowship, who came from 20+ countries. All of these fellows were addressing important problems in the world of education and the future of work, from reimagining the university experience to learning communities or new ways to do K-12 education.
In 2021, we'll keep running these fellowships. Keep your eyes on this newsletter if you want to learn more about our upcoming fellowship, which we'll announce in less than a month!
So that was 2020 for us!
I expect 2021 to be a big year for Transcend Network and for this newsletter, so keep an eye out for some cool projects and collaborations coming your way soon! What new topics do you want to read about in 2021? What can we improve in this newsletter? Reply to this email to let us know!
If you liked reading the newsletter this year, make sure to hit the ❤️ button so others can find us too!
news roundup around the future of learning and work
👩💻 To change how we work, we need to change our relationship with work itself – check out Paul Millerd’s Twitter thread with 100 directions for the future of work.
📝HolonIQ published the initial findings of their university digital capabilities research, where they identified digital learning experience is a major gap for higher education and a priority for administrators today.
🎊 Educators from over 30 countries will be joining City of Learning Education Unconference on Jan 9th, 2021, and hosted by Vriti Saraf (F20 Transcend Fellow). Sign up before free educator tickets run out!
exciting job opportunities we want to share with you!
Software Engineer– Bansho
Digital Marketing - Monthly
Growth Specialist - TigerTalk
For more job opportunities, check out our full Job Board!.
Many thanks to the Compound Writing community for all the writing support in 2020.
Massive thanks to all our Transcend Fellows and mentors who’ve helped me take this project to the next level this year, despite all the difficulties we all experienced!
Happy Holidays friends!
Did you enjoy reading this piece? Help us grow by sharing the newsletter!