WeeCare, Carebnb’s, and the US Child Care Epidemic

Millions of families struggle to find high-quality daycare, even though they’re willing to pay high prices: on average, more than $9,500 a year, according to a 2016 report. It’s an opportunity entrepreneurs and venture capitalists have lately picked up on, with the media paying plenty of attention.

The sector of the American economy devoted to care—of children and the elderly and people with disabilities—is valued at $648 billion. That’s larger than the U.S. pharmaceutical industry. And yet most individual caregivers are criminally underpaid. That’s because caregiving is viewed either as a “labor of love,” in which case it can never be priced... See more

Building something of significant value to the student, but shifting the risk away from the student to your company or the current or future employer is the way to build a very large education company. Prenda does this for parents in K12 by serving as a public charter school, Lambda does this for students by deferring tuition until they get a job.