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Companies Are Bought, Not Sold: M&A Advice From 3 Edtech CEOs Who Survived the Process

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The industry has since consolidated, due in part to an uptick in mergers and acquisitions by education companies and private equity firms. So what is it like—and what does it take—to sell a company? She and her fellow panelists all also agreed on another thing: Companies are bought, not sold. Too Early to Think Exit?

Company 89
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Months After Raising $27M, Education Startup Yogome Shuts Down Amid Fraud Allegations

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In mid-September this year, Yogome , an educational startup founded in Mexico that also operates in San Francisco, held a multi-day bash of team meetings and parties for its all employees in Mexico City. John McIntire, who is chairman of Yogome’s board, is currently acting CEO of the company and overseeing the liquidation of assets.

Company 88
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Sal Khan on Expanding Into Early Learning and Launching a Peer-to-Peer Tutoring Platform

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Every now and then, it's been hard to do a call while the kids are screaming or something like that, but between meetings, to see them or have lunch with them or go on a walk with them, that part has been actually quite nice.” EdSurge: How did you adapt to meet the needs of students during the pandemic? They were real education.

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?Filling the Other Skills Gap

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And in the market of companies tackling the infamous employment gap between willing workers and open jobs, this maxim appears correct. The collection of edtech companies aimed at prepping educated, but still underprepared workers represents a virtual stampede of unicorns. Census Bureau 2016; U.S. And this is just online.

Udemy 81
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Why I’m Optimistic About the Next Wave of Education Technology

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My bet is that by 2040, our children will look back on this period between 2015 and 2030 in education technology much the same way internet historians look to the period 1995 to 2010 as the birth of the commercial web. billion in global annual revenue by 2010, helped immeasurably by hard work and acquisitions. billion in 2010.

Kaplan 159
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Chegg Cuts $15 Million Check to Buy AI-Feedback Tool, WriteLab

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They started the company to solve a challenge that they both knew well: how to provide fast and actionable feedback to writing students. The company has also begun partnering with other companies such as Pearson and Microsoft. Writing tools are particularly interesting to the company. Ramireze said.

Chegg 68
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General Assembly’s $1M Lawsuit Settlement Asks: Are Instructors Employees or Contractors?

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That issue led to a class-action lawsuit and settlement involving General Assembly and two former instructors, who alleged that the New York City-based education company misclassified them as independent contractors. But it resurfaces disputes that have become increasingly commonplace among companies that rely on contract labor.

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