article thumbnail

Chegg to Buy Coding Bootcamp Thinkful for $80 Million

Edsurge

Chegg , a Santa Clara, Calif.-based The acquisition will cost Chegg about $80 million in cash for Thinkful, with possible additional payments of up to $20 million in cash or stock based on performance, according to a statement Wednesday. Chegg had been holding onto $1.1 Both companies’ boards of directors have approved the deal.

Chegg 125
article thumbnail

Why I'm Still Bullish About the State of Edtech

Edsurge

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. MOOCs topped the cycle in 2012. million in 2019 to 18.6 Skillsoft (NYSE: SKIL) is down 50.8 Nerdy (NYSE: NRDY) is down 47.1

EdTech 184
article thumbnail

The 100 Worst Ed-Tech Debacles of the Decade

Hack Education

You can read the series here: 2010 , 2011 , 2012 , 2013 , 2014 , 2015 , 2016 , 2017 , 2018 , 2019. 3D printing, The Economist pronounced in 2012 , was poised to bring about the third industrial revolution. (I It was an elaborate scam, dating back to 2012, but one that gave out many online signals that the school was “real.”

Pearson 145