Digital Promise

OCTOBER 14, 2021

The unique and pressing needs of the ongoing global pandemic accelerated the adoption of education technology and innovations that could support urgent and evolving needs and provide on-demand and flexible learning. In addition, some have begun exploring micro-credentials for stackable degree programs.

Policies 322

Policies Guidelines MOOC Education 322

Edsurge

AUGUST 5, 2022

This acceleration unfortunately means that 2U will lay off approximately 20 percent of its staff across all functions in the second half of 2022. The claim made to financial analysts is that revenue estimates for full-year 2022 would be down 10 percent, but EBITDA (a popular measure of profit) would be up 30 percent.

Strategy 133

Strategy Coursera MOOC Company 133

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.

EdTech 180

EdTech Chegg Udemy Company 180

Edsurge

SEPTEMBER 29, 2022

So what if there was a new model of university designed from scratch for 2022? In part, this adopts a model some MIT professors already use, called a Small Private Online Course, or SPOC —a customized adaption of the Massive Open Online Courses, or MOOCs, that sparked wide attention a decade ago.

Course 218

Course MOOC Trends Outcomes 218