Dave Vasen (brightwheel) - Problem-Solving for a Unique Market

Entrepreneurial Thought Leaders (ETL)

Stanford eCorner

Journey, Startups, Education, Stanford, Culture, Strategy, Stanford University, Entrepreneurship, Business, Life Lessons, Thought Leadership, Creativity, Etl, Challenges, Leadership, Innovation, Founders

4.4 • 739 Ratings

🗓️ 8 February 2023

⏱️ 46 minutes

🔗️ Recording | iTunes | RSS

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Summary

Dave Vasen is the founder and CEO of brightwheel, the leading subscription software platform for early education. In April 2016, Vasen appeared on ABC’s “Shark Tank” and secured a $600,000 investment at one of the highest all-time valuations for the TV show. In this conversation with Stanford lecturer Emily Ma, Vasen shares his experience creating a software solution customized to fit the particular needs of the early childhood education space.

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Transcript

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0:00.0	Who you are defines how you build.
0:05.0	This is the Entrepreneurals Thought Leaders series.
0:09.0	Brought you by Stanford E-Corner.
0:13.0	Today, I am so excited to welcome Dave Vassen to ETL.
0:19.0	Dave is the founder and CEO of Brightwheel,
0:21.6	the number one platform in early education
0:24.6	and one of the fastest growing private SaaS companies.
0:27.6	With Brightwheel, teachers save valuable time in the classroom.
0:30.6	Administrators can oversee the business
0:33.6	and parents get a real-time view of their child's day. Brightwheel is the top-reviewed product in early education,
0:41.3	a 175 billion US market.
0:45.3	Throughout his career, Dave has been a passionate leader in education technology
0:50.3	at companies including Amazon, Cisco, Teach for America, and he was a consultant
0:56.5	with Bain & Company as well.
0:58.7	Dave is also a first generation American.
1:00.9	He holds a BA from Stanford University, Class of 2003, woohoo, and an MBA from the Wharton
1:07.4	School.
1:08.4	He lives with his wife and two daughters in the Bay Area. We're going to kickstart with a video and huge welcome to you Dave.
1:14.6	Thank you. Hi Sharks, my name is Dave Vaston. I'm the founder and CEO of Brightwheel and I'm here seeking a $400,000 investment for a 4% equity stake in my company.
1:30.3	Right Will is the mobile app for preschools, daycares, and families. And we are completely revolutionizing early education. Now, I believe all of us are parents here and I want to ask, when you come home after a long day and you asked your kids, what did you learn in school today?
1:44.2	Does this sound familiar?
1:45.2	I did everything I did.
	...

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