{"id":57413,"date":"2018-12-20T03:09:12","date_gmt":"2018-12-20T10:09:12","guid":{"rendered":"http:\/\/www.taterboy.com\/blog\/2018\/12\/kahoot-a-netflix-for-education-launches-an-accelerator-to-tap-gaming-and-education-startups\/"},"modified":"2018-12-20T03:09:12","modified_gmt":"2018-12-20T10:09:12","slug":"kahoot-a-netflix-for-education-launches-an-accelerator-to-tap-gaming-and-education-startups","status":"publish","type":"post","link":"https:\/\/www.taterboy.com\/blog\/2018\/12\/kahoot-a-netflix-for-education-launches-an-accelerator-to-tap-gaming-and-education-startups\/","title":{"rendered":"Kahoot, a \u2018Netflix for education\u2019, launches an accelerator to tap gaming and education startups"},"content":{"rendered":"

On the back of Disney increasing its shareholding<\/a> in Oslo-based Kahoot to four percent<\/a> last week, Kahoot<\/a> today announced a new initiative that helps to position the popular startup \u2014 which already has 60 million games and has seen over 1 billion players engage on its platform over the last year \u2014\u00a0as the \u201cNetflix for education apps.\u201d<\/p>\n

It\u2019s launching Kahoot! Ignite, a new accelerator for like-minded startups that are pushing the boundaries of education through gaming and other means.<\/p>\n

In addition to that, Kahoot today also said it would move stock exchanges in its home market of Norway, going from the smaller OTC exchange to the Merkur Market<\/a>, which CEO and co-founder \u00c5smund Furuseth explained in an interview is also an exchange for private companies, but one that will be able to provide more transparency to the startup\u2019s bigger investors en route to an eventual full public listing. As of last week\u2019s Disney news, the startup is now valued at $376 million.<\/p>\n

Participating in the Ignite accelerator, Furuseth said, will give Kahoot the option to invest in startups in each cohort, and if it makes sense for the startup in question, they will build content that will be usable on the Kahoot platform.<\/p>\n

\u201cWe have close to $30 million in the bank and are in a financial market where we can get more capital,\u201d he said. \u201cWe don\u2019t need to invest, but if we want to, we can.\u201d\u00a0<\/span><\/p>\n

The startup today has some 60 million games on its platform, with a good portion of those created by users themselves (making it more like a YouTube than a Netflix). The idea is that bringing in outside developers (in this case, by way of the accelerator) could inject more innovation and interesting takes on the concept of \u201ceducational gaming\u201d \u2014 not unlike how Netflix and Amazon engage outside studios to develop originals for its platform, alongside what they develop themselves or buy in through deals with rights holders.<\/p>\n

In addition to the carrots of investment and distribution on the Kahoot platform \u2014 which is likely to hit 100 million monthly active users this month (Furuseth said he was confident of the number today) \u2014 Kahoot is offering mentorship to potential cohorts in areas like monetization and product development. Given the fact that educational aides can come in all shapes and sizes, that might not take the form of a piece of content for the Kahoot platform.<\/p>\n

\u201cPutting something on Kahoot could be an outcome, but we\u2019re also interested in \u2018network products,\u2019 which have the same desire to enable learning,\u201d\u00a0Furuseth said.<\/p>\n

The company today has a double focus, with games for K-12 students as well as for enterprise environments. \u201cLearning is the main topic,\u201d he added. \u201cWe like to have the mix.\u201d<\/p>\n

\"\"<\/p>\n

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On the back of Disney increasing its shareholding in Oslo-based Kahoot to four percent last week, Kahoot today announced a new initiative that helps to position the popular startup \u2014 which already has 60 million games and has seen over 1 billion players engage on its platform over the last year \u2014\u00a0as the \u201cNetflix for… Read the full article…<\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[174,377],"tags":[],"class_list":["post-57413","post","type-post","status-publish","format-standard","hentry","category-games-media","category-gaming"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t