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Edtech Earnings Roundup: How 2U, Chegg, Instructure and Pluralsight Fared in Q2 2019

Edsurge

The latest quarterly earnings for publicly traded education technology companies was especially rough for 2U , which revised its loss guidance for the year and stated that it expected enrollment challenges to its core business of running online graduate programs with universities. based company tumbling to historic lows. (It

Chegg 85
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Why I'm Still Bullish About the State of Edtech

Edsurge

This year’s 1 3th edition will swamp San Diego’s waterfront for four days and feature 1,000 speakers, including Thomas Friedman and Margaret Atwood, plus the buzziest for-profit companies in our industry. based education and workforce technology companies, together amounting to more than $150 billion in market capitalization.

EdTech 179
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Duolingo IPO Shows Investors Think Edtech Is Still Growing.

Edsurge

billion—which is a good moment to reflect on how mobile learning has entered classrooms and how the company has expanded from just an app. From the forms the company filed with the SEC last month, we learned the company conducted a study to evaluate Duolingo’s effectiveness versus traditional university language courses.

EdTech 160
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Course Hero Adds $70 Million to Series B Fundraise

Edsurge

As it turns out, the company wasn’t done fundraising. Capitalizing on increased usage seems to be the formula among edtech companies seeking new money this year. Companies like Coursera, which helps universities build and access online courses, have ridden the momentum from new registrations to secure a $130 million investment in July.

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Predictions of Print Textbooks’ Death Remain Greatly Exaggerated

Edsurge

The newest voices in that choir come from Bill and Melinda Gates, who declared that “ textbooks are becoming obsolete ” in their 2019 annual letter. Even as many traditional textbook providers are transitioning to digital formats, paper and ink have proved stubbornly resilient. Not so fast, say education publishers and retailers.

Chegg 158
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Top Trends Higher Education Textbook Publishers Must Follow

Kitaboo on EdTech

billion cut in funding for the education department, compared to a 10% decrease in 2019. This has led to higher education textbook publishers facing the brunt as that’s the only area where students and institutes can reduce their spends, by opting for digital textbooks instead.

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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. Without revenue the company will go away. Or the company will have to start charging for the software. Boundless’s materials have been archived by David Wiley’s company Lumen Learning. And “free” doesn’t last.

Pearson 145