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Global Skill Swap
Learning new skills is often expensive, time-consuming, and geographically limited. Many people possess valuable skills they're willing to share but lack a platform to connect with learners.
4Wackiness
6-9 monthsTransaction fee charged on each completed skill swap. A small percentage (e.g., 5%) is deducted from the virtual 'points' exchanged, which can later be redeemed for real-world currency (or used for more skill swaps). The value of the skill points is dynamic based on skill demand and user rating.

The Solution

Global Skill Swap is a marketplace where users can offer and request skill-based lessons and tutorials in exchange for other skills. Users create profiles detailing their expertise and learning goals, and the platform facilitates skill swaps through virtual or (where possible) in-person sessions.

Confidential Investment MemoEuropean Rationalist

"While I appreciate the idealistic nature of reciprocal learning, I need to be convinced that the unit economics will scale globally. Our due diligence indicates that relying solely on a 5% transaction fee in a competitive market will make it incredibly difficult to generate sufficient profit, especially considering the high churn rates typically observed within EdTech. Furthermore, there's no real barrier to entry. If you can demonstrate a path to improved customer retention and lower customer acquisition costs, we'll reconsider. For now, we're passing."

— Partner at Euclidean Ventures

* This is a work of fiction. Any resemblance to actual persons, living or dead, or actual VCs is purely coincidental.