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

Edsurge

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. Distance reduction allow companies to compete worldwide. Large datasets provide insights to drive innovation.

Udemy 138
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Ka’Ching! 2016 US Edtech Funding Totals $1 Billion

Edsurge

edtech companies, which altogether raised an estimated $1.03 edtech companies raised roughly 57 percent of what Snapchat did in its $1.8 edtech companies raised roughly 57 percent of what Snapchat did in its $1.8 Across the globe, venture deals returned to 2014 levels, according to CB Insights. billion Series F round.).

EdTech 92
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The K-12 Edtech Market Is At an Inflection. But Where Is It Going?

Edsurge

As EdSurge reporter Rebecca Koenig points out , some companies have satisfied the demands of parents and their school clients. According to EdSurge data, edtech investments over the past couple years largely favored companies with enterprise or direct-to-consumer sales strategies over those selling directly to K-12 institutions.

EdTech 176
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Global Investors Launch New Edtech Funds: Exceed Capital and HighGrade Ventures

Edsurge

Exceed will focus on making investments for companies in the “growth equity” stages, says Hu, which generally translates to those that have enough traction and revenue to raise Series B rounds and beyond. The group will invest up to $20 million initially in each company, with additional capital reserved if subsequent rounds are raised.

EdTech 73
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Hack Education Weekly News

Hack Education

An ex-Corinthian student is filing a federal class-action lawsuit against the firms that now own the private loans, as well as a collection company seeking to recoup the debt from borrowers.” ” The company in question: Bridgepoint Education , which owns Ashford University and the University of the Rockies.

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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. .”

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Hack Education Weekly News

Hack Education

” Via The New York Times : “DeVos Abandons Plan to Allow One Company to Service Federal Student Loans.” Buzzfeed’s Molly Hensley-Clancy looks at the acquisition of EDMC – the parent company of the Art Institutes chain – by The Dream Center Foundation , a network of Christian missionary centers.