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The Past Decade Forecasts a New Wave of Economic Opportunity in Education

Edsurge

Our primary and secondary education systems formed around teachers imparting knowledge. From 2015 to 2019, entrepreneurs created 11 times the number of education unicorns compared to 2005 to 2014. Unicorns such as Coursera, Udemy, Varsity Tutors and VIPKid led the way with innovative solutions.

Udemy 113
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The Business of Education Technology

Hack Education

Bust or not, companies across the tech sector, particularly those with high “burn rates” , faced tough choices in 2016: “cut costs drastically to become self-sustaining, or seek additional capital on ever-more-onerous terms,” as The WSJ put it – that is, if they were able to raise additional capital at all. .”