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Chegg Ditches Ingram for FedEx and Eyes International Growth

Edsurge

A switch in distributors for Chegg’s legacy textbook sales and rentals business reflects, in a way, how the more things change, the more they stay the same. Back in 2014, more competition from Amazon had led the Santa Clara, Calif-based Chegg to a deal with book distributor Ingram Content Group. We believed we weren't.

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

Edsurge

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 ). Now “Sand Hill is waiting to see the outcome of some of their previous edtech investments,” says Shauntel Poulson, a general partner at Reach Capital.

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Why Your Financial Advisor Doesn’t Recommend Edtech Stocks

Edsurge

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.

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

Edsurge

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). New investors include the Los Angeles Police and Fire Pensions fund. Socrative (MasteryConnect).

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

Edsurge

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. Among those who tried include Osman Rashid, the co-founder of Chegg and Kno, who launched Galxyz in 2014 to build a science video games for grades three to 12.

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Blackboard Co-Founder: ‘4 Secrets to Building a Tech Company for Higher Ed’

Edsurge

To mark the 20th anniversary of Blackboard, one of the first LMSes, the company’s co-founder, Matthew Pittinsky, wrote an epic blog post about the company’s history, which includes his advice for today’s edtech leaders. Chegg was founded in 2005 and went public eight years later in 2013.

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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. Kno was headed by Osman Rashid, the co-founder of the textbook rental company Chegg, and the tablet was aimed at the college market. ConnectEDU. Deborah Quazzo and the Chicago Board of Education.

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