![]() Many boarded-up buildings and abandoned industrial areas, some of which were used as "shooting galleries" and drug stashes, were transformed into lofts and condos for gentrifiers. As Curtis (2003) observes, residents displaced from Manhattan in the mid-1980s because of rising rents flocked to nearby Williamsburg. Yet, this accessibility contributed to gentrification in the 1980s. "But we don't want to put anyone in debt.Citation Statements (sometimes known as citances) are the sentences surrounding a citation or reference within a publication.įor example, the following is a citation statement from Neighborhood Change and Crime in the Modern Metropolis Kirk and Laub (2010) to Crack, Cocaine and Heroin: Drug Eras in Williamsburg, Brooklyn, 1960-2000 Curtis (2003) "We are for-profit and that's good, because it means we have managed to construct a business model that is healthy for our investors and is extremely affordable for our users," Marco claims. And Descomplica states loud and clear that their start-up is also for-profit and so intends to revolutionize the Brazilian education system. For these institutions, the tuition fees paid by students are their primary source of income. In the United States today the accumulated student loan debt tops the astronomical sum of $1 trillion! A large part of the debt lies with for-profit institutions, which account for 11% of American students but 44% of the total debt. And above all, a credible alternative to the burden of tuition fees weighing down on students, a truly global challenge! ![]() Digital media, content that is different and more fun than traditional courses, these are probably the ingredients contributing to the start-up's success. Not to make a bridge between them, but to mix them all up," Marco says. "Part of this fundraising is to start to understand how we can push the limits of what we consider gaming, entertainment, media and education. ![]() ![]() Each month Descomplica produces 1,000 additional videos, all the while seeking to mix enjoyment and education. With this new boost in funds, Descomplica plans to invest massively in content production and bringing the service to as many students as possible. Compare those figures with the average income in Brazil, which is $250/month… The founder of Descomplica, Marco Fishben, used to be a physics teacher for one of those prep courses, which can cost between $500 and $1,000/month. At the moment, prep classes are almost exclusively reserved for the elites and only available in major cities. A whole business sector has sprung up around exam prep classes, a business that obviously benefits the wealthiest in society. And all this for the modest sum of $3/month, a hundred times less than a typical exam prep course in the country!Īs the best universities in Brazil are free, there is rigorous selection based on entrance exams. Therefore, the start-up has some incredibly loyal users! More than 78% outperform college entrance exams. Descomplica also has a 15,000-strong video library and live-streams online courses to over eight million students eight hours a day, seven days a week! Today, a student spends an average of eighty minutes on the Descomplica site per visit and logs in every three days or so. In last July, the Brazilian start-up Descomplica raised an extra $8 million to achieve its aim: to revolutionize the Brazilian education system!ĭescomplica is like a preparatory class online, giving students tests to help them prepare for college entrance exams.
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