Ending the VC dream and pivoting to an indie company - David Kofoed Wind, Eduflow
David wanted his startup, Peergrade, to be the next big thing in education. He went about it by raising VC funding. But as indies we know this story rarely ends well. So, David pivoted to a slow, sustainable company with Eduflow. Oh, and he's got a Ph.D. You can call him Dr. David.
David Kofoed Wind is the co-founder and CEO of Eduflow an education platform started in 2015 as Peergrade, which was a peer to peer feedback tool. David is the definition of technical, having studied for a degree in applied math and computer science, then a Ph.D in machine learning. This is where the idea for Peergrade was born, as he started teach a course in data science and solved his own problem.
👉 Extended version of this episode.
What we covered in this episode:
👉 Extended version of this episode.
What we covered in this episode:
- How Peergrade started in 2015
- Scratching your own itch
- Selling to universities
- Using your "unfair advantages"
- Why David took a Ph.D
- What it's like building a product with a Ph.D
- Having a terrible product
- Going for and ending the VC dream
- Pivoting Peergrade to Eduflow
- Why David resonates with Indie Hackers
Recommendations
- Book: Rework by Basecamp
- Podcast: Out of Beta
- Indie Hacker: Jon Yongfook
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