Edsurge
APRIL 1, 2022
Our own venture capital firm, New Markets Venture Partners, rode these tailwinds ourselves, successfully selling four companies in Q4 2021 and Q1 2022 at generous valuations. Credly, for example, was acquired for $200 million in January 2022, which represented a valuation multiple of 15.1x billion as of Wednesday, March 30, 2022.
Edsurge
JUNE 30, 2020
Byju’s claims its online learning app, which offers instructional videos, live classes and practice questions, is now used by more than 57 million students. The previous sponsor, whose contract Byju’s assumed, agreed to pay a reported $162 million for a five-year deal ending in March 2022. The highest-valued private U.S.
Edsurge
FEBRUARY 14, 2018
One market analyst projects the global market for private tutoring will hit $227 billion by 2022. The business began shifting online in 2013, he says, as video chat functionalities on Chrome and Firefox browsers improved. Wealthy families fork out more than $1,000 an hour for top teachers.
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