A couple of days ago I was introduced to a video featuring a guy name Salman (Sal) Khan (not the no talent Indian actor) and was blown away by it. Sal quit his job at a hedge fund and started a non-profit teaching academy delivering content via YouTube. When you watch the video you get the sense the guy really loves what he is doing and the concept is so simple – teach people via short 12-15 minute videos on various topics. He has done over 1400 videos by himself. I watched a couple on the sub-prime crisis and he was able to distill the contents into basic blocks of info.
In India, education is broken and many investors (private equity and VC’s) are chasing the “next generation” of teaching institutes. When in reality, something delivered via the internet would be a great start.
You can check out over 1400’s videos at http://www.khanacademy.org/