Why I’m Optimistic About the Next Wave of Education Technology
JUNE 18, 2017
The first online class we launched in 1998 was little more than flat text on webpages, and we closely followed the birth of learning management systems, meeting with both Blackboard and WebCT before they achieved their first $1 million in revenue. More than 80 percent of the edtech startups created in the past five years will not survive through 2020. As recently as 1997, only 27 percent of America’s K-12 school had internet access—a number that skyrocketed to 92 percent by 2003.