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Why I'm Still Bullish About the State of Edtech

Edsurge

In the next few days, thousands of edtech entrepreneurs, investors, educators and policymakers will flood a hotel in San Diego to attend the Mecca of Education Innovation Optimism known as ASU GSV. So now is the perfect time to reflect on the state of edtech. Today’s K12 educators are more digitally native than ever before.

EdTech 180
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Chegg Ditches Ingram for FedEx and Eyes International Growth

Edsurge

Back in 2014, more competition from Amazon had led the Santa Clara, Calif-based Chegg to a deal with book distributor Ingram Content Group. Ingram bought Chegg’s textbook inventory to sell and distribute, and the companies shared the revenues. The Ingram deal was framed as part of Chegg’s strategy to 100 percent digital revenue.

Chegg 64
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Byju’s Becomes an Edtech ‘Decacorn’ After Fundraise from Mary Meeker’s Bond Capital

Edsurge

That’s the industry lingo for companies valued at $10 billion or more. It’s an ultra-exclusive club of two dozen companies across the world, according to CB Insights. Byju’s is the newest member—thanks to an investment from technology investment firm Bond, which values the company at $10.5 billion.

EdTech 128
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More Big Bucks for Tutoring Companies: Varsity Tutors Raises $50M in Series C Funding

Edsurge

One market analyst projects the global market for private tutoring will hit $227 billion by 2022. In the heartland of America, one company is raising big bucks in a bid to capture this lucrative market. Louis-based company’s $50 million Series B round, which closed in November 2015.

Company 71
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Look Who’s Talking—Michael Trucano from the Brookings Institution on AI in education

eSchool News

Current areas of inquiry include artificial intelligence in education, the use of digital educational credentials and, more broadly, emerging edtech policies, initiatives, and institutions after the pandemic. I mean, I get, you know, pitch decks from companies. I’m going to use Chegg PT to do this. 00:02:57 Yeah.