Interview with Bryan Menell, CEO of NanoLearning
Below is an interview with Bryan Menell, CEO and Founder of NanoLearning. We hope you find the interview informative and useful. Please visit their website and check it out! http://www.nanolearning.com/. You can also view their demo at http://www.demo.com/demonstrators/demo2006fall/79901.php.
TechAddress: Tell me a bit about your company, what it does and what’s your value proposition?
NanoLearning: NanoLearning is a marketplace for learning created by everyday people. With basic computer skills anyone can create rich, interactive flash-based learning with no programming required. Everybody has unique expertise to share, but not all subject matter experts are computer experts. Some people call us the eBay of learning, or the Wikipedia of learning.
TechAddress: What makes your company stand apart from your competitors?
NanoLearning: We have no competitors. There is no other easy way to create rich learning experiences without buying software or learning complex programming languages.
TechAddress: What are some of the main features?
NanoLearning: Creating NanoLearning is like creating a Powerpoint document, only our templates are for interactive learning activities or assessments (like multiple choice questions). Once created, they have a URL so you can link to them from anywhere on the web. When people see your NanoLearning they can recommend it and leave feedback on it. It’s so easy to update your NanoLearning based upon the feedback of the community that NanoLearning will actually get better the more people use it. You can also subscribe to an RSS feed to tell you when people leave feedback for you, or when an author has updated their NanoLearning.
TechAddress: Who’s your target customer or audience?
NanoLearning: Anybody and everybody who has some unique expertise that they would like to share with the world. We have found that in business things move very quickly, and there is no time to engage the training organization for 6-8 weeks. With NanoLearning they can get learning and certification of knowledge out to the worldwide workforce in a matter of minutes, rather than weeks.
TechAddress: Any new things in particular that you’re working on right now?
NanoLearning: Soon you will be able to embed NanoLearning into your MySpace page, pull in videos from the web, and images from websites like Flickr.
TechAddress: Where do you see your company heading in the future?
NanoLearning: We’re striving to release new features and functions every week in response to the needs of our user community. We also have many organizations that want an internal version of NanoLearning so that their information stays private.
TechAddress: Any negative feedback or criticism regarding technology and services?
NanoLearning: We’re probably our own harshest critics. We think we can make the user experience simpler, more robust, and more fun and flexible.
TechAddress: So what would you say is the guiding principle behind your company?
NanoLearning: Listening to our users. We think that the great web services have been responsive to their users, and quick to roll out new features frequently.
TechAddress: What is the mission of your company and what are you bringing to the market that is innovative?
NanoLearning: Our users have told us that we are the most innovative new learning application to come along in ten years. Right now online learning costs $40,000 per learning hour to create, and it’s done by the experts with costly tools. We’re trying to lower the costs by two orders or magnitude because that’s what ignites revolutions, like what we’re seeing in online video right now.
TechAddress: Where are you in terms of funding and your lifecycle?
NanoLearning: We’ve bootstrapped this company from the start, but we’re now being approached by venture and institutional investors. If we want to reach out to the world more rapidly, it will probably take some outside financing to do it.
TechAddress: If your technology or service is not formally launched yet, when’s the launch date?
NanoLearning: We launched in late September 2006 at DEMOfall. The response from the press, the venture community, and the other companies presenting was tremendous. We made some lifelong friends there.
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