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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. A small but mighty movement was building – and it needed time to grow.

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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.

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

Edsurge

The previous sponsor, whose contract Byju’s assumed, agreed to pay a reported $162 million for a five-year deal ending in March 2022. Chegg, which offers online homework help and other support services for students, has seen its stock soar since the pandemic. Education industry analysts say that trend is emerging in the U.S.

EdTech 123
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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’m going to use Chegg PT to do this. In the spirit of the keynote, here’s what Chat GPT4.0 00:14:02 Speaker 1 Yeah.

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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. 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.

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