Edsurge
APRIL 1, 2022
Chegg (NYSE: CHGG) is down 43.8 We wouldn’t be surprised if 2U or Chegg were taken private in the next year, since both companies have strong fundamentals and exceptional human capital. OPMs topped the cycle in 2015. Skillsoft (NYSE: SKIL) is down 50.8 percent, the company went public via SPAC in June 2021 at $10/share.
Edsurge
APRIL 26, 2019
higher education courseware in 2015, down from 50 percent the year before, according to a 2018 report from Macquarie, an investment bank and financial services company. Gartner projects that spending on U.S K-12 software will reach around $4.5 billion by 2023. Specific to college textbooks, print-only titles accounted for 45 percent of U.S.
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Edsurge
FEBRUARY 26, 2018
The publisher sold The Financial Times and its stake in The Economist in 2015. Earlier this month, McGraw-Hill, Barnes & Noble Education and Chegg teamed up for a new digital textbook rental program that the trio claims can help students save as much as 70 percent from buying print copies. It still retains a 25 percent holding.)
Edsurge
JULY 24, 2017
PowerSchool, owned by Vista Equity Partners, has acquired eight companies since June 2015. billion sale to LinkedIn in 2015—was 20 years in the making. Several private-equity-backed companies have invested heavily in the “platform” approach. short-lived experiment in the coding bootcamp industry ).
Edsurge
JULY 30, 2018
When Carolan’s team started Reach Capital in 2015, it raised $53 million for its first fund. (It The most recent of these, the writing feedback assistant WriteLab, was acquired by Chegg , a publicly-traded education company, for $15 million. WriteLab (Chegg). In total, this first fund supported 35 investments.
Edsurge
FEBRUARY 14, 2018
Louis-based company’s $50 million Series B round, which closed in November 2015. Varsity Tutors is not the only one chasing the tutoring market, which is saturated with traditional, brick-and-mortar competitors like Kumon and Sylvan Learning and online upstarts like Chegg and Wyzant. This latest cash infusion matches the St.
Kitaboo on EdTech
JUNE 13, 2019
According to NBC’s review of the Bureau of Labor Statistics (BLS) data, textbook prices have risen over 3 times the rate of inflation from January 1977 to June 2015, a whopping 1,041% increase. Similarly, Pearson has made some of its textbooks available for rent through Chegg. but they do get to save money through this model.
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