EPISODE · Aug 30, 2022 · 15 MIN
Ending the VC dream and pivoting to an indie company - David Kofoed Wind, Eduflow
from Indie Bites · host James McKinven
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:How Peergrade started in 2015Scratching your own itchSelling to universitiesUsing your "unfair advantages"Why David took a Ph.DWhat it's like building a product with a Ph.DHaving a terrible productGoing for and ending the VC dreamPivoting Peergrade to EduflowWhy David resonates with Indie HackersRecommendationsBook: Rework by BasecampPodcast: Out of BetaIndie Hacker: Jon YongfookFollow DavidTwitterFollow MeTwitterIndie Bites TwitterPersonal WebsiteBuy A Wallet2 Hour Podcast CoursePodPanda (hire me to edit your podcast)Sponsor - Ramen ClubMy favourite community has just got a significant upgrade as it rebrands to Ramen Club, the best community to help you get to Ramen Profitability.Ramen club has 4 remote coworking sessions a week, masterminds, accountability calls, live AMAs, a fractional CFO, in-house VA, discounts and so much more. But most of all, the founder Charlie has done a wonderful job at cultivating a wonderfully friendly and supportive community.To join the world's most supportive community for bootstrapped founders to reach ramen profitable and beyond, head to ramenclub.so and use code "INDIEBITES" to let Charlie know I sent you and get 50% off your first month.
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What this episode covers
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.
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Ending the VC dream and pivoting to an indie company - David Kofoed Wind, Eduflow
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