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Why I'm Still Bullish About the State of Edtech

Edsurge

When I started my first edtech business in 1998, our competitor Blackboard had less than 10 employees and customers. Chegg (NYSE: CHGG) is down 43.8 We wouldn’t be surprised if 2U or Chegg were taken private in the next year, since both companies have strong fundamentals and exceptional human capital.

EdTech 187
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Fueled by Big Rounds, Edtech Funding Surges to $887M in First Half of 2017

Edsurge

2U 2008 2014 $665M (IPO) Archipelago Learning 2000 2012 $302M (acquired by PLATO Learning) Chegg 2005 2013 $830M (IPO) Connections Education 2001 2011 $400M (acquired by Pearson) HigherOne 2000 2012 $260M (acquired by Blackboard) Instructure 2008 2014 $487M (IPO) K12.com

EdTech 105