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Public Edtech Companies Have Been Rare. These SPACs Will Change That.

Edsurge

Publicly traded education technology companies are rare. as the remaining trio of prominent edtech companies on the U.S. CLAS.U), a special purpose acquisition company headed by CEO Michael Moe, raised $225 million in its IPO. He was an early investor in Chegg, which went public in 2013 and whose stock more than doubled in 2020.

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‘Talent’ Has Become the New Theme Uniting Education and Employment

Edsurge

While there are high-profile examples of companies enhancing their tuition assistance benefits—such as the Starbucks deal with Arizona State or Chipotle’s work with Guild Education —that is not the norm (even though it represents a trend worth watching). But wait, didn’t companies say they see talent as a top priority?

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Yale Announces ‘Blended’ Online Master’s Degree

Wired Campus

Students would meet in virtual classrooms where they would discuss course material using videoconferencing technology. In 2013 it joined with Coursera and started building MOOCs. The companies provide the technology platform and marketing expertise, and take a large share of the tuition revenues.

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Online Learning Platform, NovoEd Acquired by Boston Private Equity Firm

Edsurge

The pair then started the company in January 2013. At the time they were not alone in their efforts; Coursera, Udacity (both of which were also co-founded by Stanford professors) and edX had launched MOOC platforms a year earlier. The platform also offers collaborative tools so teams of students can work together on projects.

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Hack Education Weekly News

Hack Education

Securities and Exchange Commission for allegedly sharing five school districts’ private information with an advisory company while it was negotiating for the districts’ contracts.” For-profit higher ed company Education Management Corp says it will close 22 out of 26 of its Brown Mackie College locations.

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Education Technology and Data Insecurity

Hack Education

Pokémon Go, a free augmented reality game developed by Niantic (a company spun out of Google in 2015), became the most popular mobile game in US history this year. ” “ How Asian test-prep companies swiftly exposed the brand-new SAT.” This is part eight of my annual review of the year in ed-tech.

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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. Without revenue the company will go away. Or the company will have to start charging for the software. Boundless’s materials have been archived by David Wiley’s company Lumen Learning. And “free” doesn’t last.

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