Why Your Financial Advisor Doesn’t Recommend Edtech Stocks

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I’m excited for the industry’s future, and I think we can make money investing in publicly-traded edtech companies. I think you’re wrong, so I propose a bet: We’ll both invest in a basket of stocks on January 1, 2012—mine representing the edtech industry, and yours the whole economy. My edtech portfolio was more difficult to assemble. Our Basket of Edtech Stocks: 2U. Chegg. So we created our own basket—or market index—of edtech stocks.

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

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edtech companies last year, the dollars returned with a fury during the first six months of 2017. edtech startups is already at 88 percent of the total in 2016 ( which was $1 billion ). Just three years ago, some of the biggest firms on Sand Hill Road—Kleiner Perkins, Sequoia Capital, Benchmark Capital—were happily putting money into edtech startups with unproven revenue models. Home-run bets and financial windfalls are rare in the edtech industry.

Reach Capital’s Newest Education Technology Investment Fund Closes at $82 Million

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The firm traces its roots to 2012, when Jennifer Carolan and Wayee Chu (now both general partners at Reach), started a $12 million “Seed Fund” at NewSchools Venture Fund, an Oakland-based education nonprofit philanthropy. It eyed the edtech industry as early as 2014, says Elizabeth Fisher Marshall, a managing director at Hall Capital, but “our concern at the time was the depth of the opportunity set and the unproven exit market.” WriteLab (Chegg).

EdSurge HigherEd Year in Review: Our Top Higher Education Stories of 2018

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That’s why we’ve also highlighted a few here that we don’t want you to miss, from complicated community college turnarounds to where IKEA and edtech overlap. Cheating on Chegg? It’s no surprise that students would ask for help on platforms like Chegg, which offer digital textbooks as well as tutoring and homework help. What Do Edtech and IKEA Have in Common? And edtech is no stranger to it.

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Where in the World Is Planet3? An Educational Gaming CEO Seeks His Second Act

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Kelly met him through Planet3 co-founder Albert Yu-Min Lin when Lin received an award sponsored by Switch, Kelly told EdTech Digest at the time. Atari founder Nolan Bushnell started BrainRush in 2012. When Tim Kelly started Planet3 in 2013, he aimed for the stars.

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Hack Education Weekly News

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Via eCampus News : “Is higher ed ready for the big edtech explosion ?” ” Via the press release : “ Cengage , McGraw-Hill Education , and Pearson have joined forces with Ingram and Chegg , Inc. Saint Francis High School invested $15,000 in the company back in 2012. Education Politics. President Trump gave a not-the-State-of-the-Union address to Congress on Tuesday.

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