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More Big Bucks for Tutoring Companies: Varsity Tutors Raises $50M in Series C Funding

Edsurge

In the heartland of America, one company is raising big bucks in a bid to capture this lucrative market. Already boasting 4,000 tutors covering 1,000 subjects, the company is on the hunt for more teachers. After graduation, he continued running the company as a side project while working in investment banking as his day job.

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Hack Education Weekly News

Hack Education

Not really ed-tech-related, except for all those companies saying they’re “Uber for education.” The Chan Zuckerberg Initiative ’s CTO, Brian Pinkerton , is leaving the company. The Wall Street Journal predicts “The End of Typing: The Next Billion Mobile Users Will Rely on Video and Voice.”

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The 100 Worst Ed-Tech Debacles of the Decade

Hack Education

Without revenue the company will go away. Or the company will have to start charging for the software. Or it will raise a bunch of venture capital to support its “free” offering for a while, and then the company will get acquired and the product will go away. And “free” doesn’t last. Sometimes they strike a deal.

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