Chegg to Buy Coding Bootcamp Thinkful for $80 Million

Edsurge

Chegg , a Santa Clara, Calif.-based based publicly traded student services company, plans to buy Thinkful , a Brooklyn-based online coding bootcamp. Both companies’ boards of directors have approved the deal. Chegg had been holding onto $1.1

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Chegg Ditches Ingram for FedEx and Eyes International Growth

Edsurge

A switch in distributors for Chegg’s legacy textbook sales and rentals business reflects, in a way, how the more things change, the more they stay the same. Ingram bought Chegg’s textbook inventory to sell and distribute, and the companies shared the revenues.

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US Edtech Closes Decade with Record $1.7 Billion Raised in 2019

Edsurge

economy leading into 2020—equity market milestone after milestone plus a historically low labor pool. According to an EdSurge database of publicly announced funding deals, investment in edtech companies reached at least $1.66 Two trends have helped to define the U.S.

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.

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K12 Eyes Further Deals After $165M Acquisition of Coding Bootcamp Galvanize

Edsurge

Another bootcamp has been gobbled up by an education technology company looking to break into the corporate learning and career readiness market. million in cash, plus some stock, for Fullstack Academy, and Chegg’s Thinkful purchase for $80 million.

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2U Defends Trilogy Bootcamp Purchase

Edsurge

Last quarter, online program management company 2U shocked investors with worse than expected losses and, going forward, lower average program enrollment for some of its largest online graduate programs. The company ended 2018 with $449.8 The company also has a long-term debt of $253.5

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The 100 Worst Ed-Tech Debacles of the Decade

Hack Education

Without revenue the company will go away. Or the company will have to start charging for the software. Or it will raise a bunch of venture capital to support its “free” offering for a while, and then the company will get acquired and the product will go away. (It’s

Hack Education Weekly News

Hack Education

” (I’m including this here because all of these entities – Kushner’s family, the companies he received loans from – have education investments too.). ” (Learndirect is a job training company that has a major contract with the UK government.). ” Speaking of Udacity , the company has responded to the outcry about its all-male, mostly-white advisory board by dissolving it. Via Edsurge : “ Cheating on Chegg ?

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Hack Education Weekly News

Hack Education

No disclosure in this or its Class Central article that it shares investors with these MOOC companies.). From the Coursera blog : “Building India ’s Workforce for 2020.” the nation’s largest virtual charter school management company , as president of academics, policy, and schools. ” Via EdWeek’s Market Brief : “ African Ed-Tech Incubator ’s First Class of Companies Step Into Market.” (National) Education Politics.

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