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Why I'm Still Bullish About the State of Edtech

Edsurge

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.

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Can Technology in the Classroom Replace Expensive Textbooks

Kitaboo on EdTech

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. After all, textbooks are a must in classrooms. Similarly, Pearson has made some of its textbooks available for rent through Chegg.

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Predictions of Print Textbooks’ Death Remain Greatly Exaggerated

Edsurge

classrooms from kindergarten through high school.” Spending data suggests that instructional software is indeed growing in classrooms. 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. From 2011 to 2014, U.S.

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

Edsurge

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. Zeal, which attempted to bring on-demand tutoring to classrooms, shut down earlier this year.

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

Edsurge

Planet3 found its biggest backer in Rob Roy, CEO of Las Vegas-area data center services company Switch, which invested $10 million in the company in 2015. That year, the company received a $150,000 grant Small Business Innovation Research grant from the federal government to prototype its product in two classrooms.

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

Edsurge

Colleges were spending millions networking classrooms and residence halls, and I wondered about the absence of technology in the “front office” for teaching and learning. Chegg was founded in 2005 and went public eight years later in 2013. Instructure was also launched in 2008, and went public seven years later in 2015.Sure,

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Hack Education Weekly News

Hack Education

” The New York Times on “ mastery based learning ” : “A New Kind of Classroom: No Grades, No Failing, No Hurry.” I missed this news back in February: Chegg acquired RefMe. million in revenue in 2015, and its executive compensation was $2.8 ” Holy s**t. Khan Academy, for example, had $27.9