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The Business of Education Technology

Hack Education

Bust or not, companies across the tech sector, particularly those with high “burn rates” , faced tough choices in 2016: “cut costs drastically to become self-sustaining, or seek additional capital on ever-more-onerous terms,” as The WSJ put it – that is, if they were able to raise additional capital at all. The CEO of Safari Books left the company “ amidst massive layoffs.” These companies almost all share the same investors too.