This Ed-Tech Startup Raised $20M+ to Increase Software Development Education in Developing Countries w/ Ariel Camus (CEO)
In this episode, Shamus Madan interviews Ariel Camus, discussing his entrepreneurial journey and the creation of Torastai and Microverse. They delve into Microverse's unique business model and its impact on graduates' salaries. They also discuss the challenges of expanding Microverse's reach, the future job market, and the importance of passion in entrepreneurship.
Key Points
- Microverse, founded by Ariel Shamus, is an online school that trains software developers from underserved global markets, charging them $15,000 only after they secure employment, with a focus on peer-to-peer learning and remote work skills.
- Ariel emphasizes the importance of building a business around something that brings joy and fulfillment on a daily basis, as this passion is crucial for perseverance through the inevitable challenges of entrepreneurship.
- Despite economic downturns and layoffs in the tech industry, Microverse's model of providing affordable education to talent in emerging countries and placing them in remote jobs with higher salaries compared to local standards positions it advantageously for continued growth and impact.
Ariel Camus is the Founder and CEO of Microverse, an online school that helps anyone become a high-paid software developer. The best part? The startup takes advantage of Income Sharing Agreements (ISOs), so there is a $0 upfront cost.
Microverse has raised over $20M+ and was part of the Y Combinator 2019 Batch. Thousands of people from over 100 countries apply to join Microverse every month, and hundreds of remotely-employed alumni from Colombia to Nigeria are making 3-10x their previous salary working for companies like Microsoft, VMware, Huawei, and Globant.
Before starting Microverse, Ariel was the Co-Founder and CEO of TouristEye, a mobile app for planning trips and discovering new things to do while traveling. He grew the app to 1M users in 180+ countries before selling it to Lonely Planet in 2013.
After the sale, Ariel worked as a Senior Product Manager of Lonely Planet's website, with over 150 million unique visitors annually.
Now at Microverse, Ariel is making it easier for people in developing countries to obtain jobs in software development.
Twitter of Host: @mbitpodcast
Twitter of Guest: @arielcamus
Learn More About Microverse Here: https://www.microverse.org/
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Transcript
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