K-12 Dealmaking: Follett, Chegg, Golden Gate Capital Make Acquisitions

Marketplace K-12

In this week’s dealmaking news, a handful of education companies were acquired; Follett acquired adaptive learning platform Fishtree and Chegg acquired online studying platform StudyBlue. The post K-12 Dealmaking: Follett, Chegg, Golden Gate Capital Make Acquisitions appeared first on Market Brief. Marketplace K-12 Educational Technology/Ed-Tech Investment / Venture Capital K-12 Dealmaking Mergers and Acquisitions study platforms

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K-12 Dealmaking: Chegg, Boxlight Make Education-Related Acquisitions

Marketplace K-12

A handful of education companies, including Chegg and Boxlight. The post K-12 Dealmaking: Chegg, Boxlight Make Education-Related Acquisitions appeared first on Market Brief. announced acquisitions this week. Marketplace K-12 Educational Technology/Ed-Tech K-12 Dealmaking Mergers and Acquisitions Startups

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Cheating on Chegg? Maybe Not on Its Tutoring Platform

Edsurge

That’s an example of a request that can be found on online tutoring services like Chegg, as shared by a senior data scientist at the company, Sanghamitra Deb. Yet this is the kind of “help” that Chegg’s tutoring service can sometimes be used for. Among the services that the publicly-traded digital education company offers is Chegg Tutors, which matches students with tutors who help them one-on-one in a variety of subjects, such as physics and French.

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Chegg, Fuel Education Announce Acquisitions; Owl Raises $185M

Marketplace K-12

Learning platform provider Chegg announced its acquisition of Cogeon, and ed-tech investor Owl Ventures closed an $185 million funding round. The post Chegg, Fuel Education Announce Acquisitions; Owl Raises $185M appeared first on Market Brief. Marketplace K-12 Educational Technology/Ed-Tech Games / Apps International / Global Markets Investment / Venture Capital K-12 Dealmaking Online / Virtual Learning Software / Hardware Startups

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Students, celebrities connect for tutoring

eSchool News

Students will have the chance to connect directly with celebrities in one-on-one tutoring sessions through Chegg Tutors: VIP Edition. All tutoring sessions will take place this fall through Chegg’s online tutoring platform, Chegg Tutors.

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10 Sites for Online Tutoring/Teaching

techlearning

Chegg Tutors —A fantastic site for students to find a tutor in any subject. Online tutoring has grown in popularity and is ideal for many—it’s flexible and usually much less expensive than tutoring centers.

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10 Sites for Online Tutoring/Teaching

techlearning

Chegg Tutors - A fantastic site for students to find a tutor in any subject. Over the last few years online tutoring sites have really boosted in popularity. The reason for this is people just don't have the time or the money to spend at an actual tutoring center.

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10 Sites for Online Tutoring/Teaching

Technology Tidbits

Chegg Tutors - A fantastic site for students to find a tutor in any subject. Over the last few years online tutoring sites have really boosted in popularity. The reason for this is people just don't have the time or the money to spend at an actually tutoring center.

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In Move to ‘Unlimited’ Pricing Model, Cengage Hopes for a Comeback

Edsurge

Tell me a little bit about some of your recent partnerships with companies such as Chegg. Chegg provides, amongst other things, tutoring services. I think Chegg is doing well in that. It’s been about five years since Cengage Learning filed for bankruptcy , stumbling under the weight of shrinking print sales, a rough transition to digital and too much debt.

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Reach Capital’s Newest Education Technology Investment Fund Closes at $82 Million

Edsurge

The most recent of these, the writing feedback assistant WriteLab, was acquired by Chegg , a publicly-traded education company, for $15 million. WriteLab (Chegg). Raising money, Shauntel Garvey admits, is not her favorite activity. It’s usually more fun to be on the other side of the table, reviewing pitches—rather than pitching.

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Education Technology’s Machine Learning Problem—and Responsibility

Edsurge

The speakers were Carlos Escapa (Senior Principal, AI/ML Business Development, Amazon Web Services), Vivienne Ming (Founder and CEO, Socos Labs), Matthew Ramirez (Director of Product Management, AI Writing Tools, Chegg) and Andrew Sutherland (CTO and co-founder, Quizlet). From Formula 1 to Yelp, industries across the board are seeking ways to apply machine learning to their work. Even academics and Goldman Sachs analysts tried using it to predict World Cup winners.

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Pearson Is Selling Its US K-12 Business—Despite Posting a Profit and Digital Growth

Edsurge

Earlier this month, McGraw-Hill, Barnes & Noble Education and Chegg teamed up for a new digital textbook rental program that the trio claims can help students save as much as 70 percent from buying print copies. Last May, major textbook publisher Pearson indicated it was mulling a sale of the U.S. portion of its K-12 business, which includes print and digital curriculum and instructional materials.

?Major Publishers Dismiss Lawsuit Against Follett Corporation

Edsurge

Booksellers who have taken those steps already include Barnes & Noble Education, Chegg, Inc., Follett Corporation, a textbook distribution company, announced this week that it has agreed to adopt a set of “ Anti-Counterfeit Best Practices ,” a list of guidelines co-developed and endorsed by four major textbook publishers. But up until last week, three of those publishers—Pearson Education, McGraw-Hill Education and Cengage Learning—were suing Follett over alleged counterfeit sales.

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Fueled by Big Rounds, Edtech Funding Surges to $887M in First Half of 2017

Edsurge

2U 2008 2014 $665M (IPO) Archipelago Learning 2000 2012 $302M (acquired by PLATO Learning) Chegg 2005 2013 $830M (IPO) Connections Education 2001 2011 $400M (acquired by Pearson) HigherOne 2000 2012 $260M (acquired by Blackboard) Instructure 2008 2014 $487M (IPO) K12.com 2000 2007 $725M (IPO) Relias Learning 2002 2014 $540M (acquired by Bertelsmann) RuffaloCODY 2000 2013 $252 million (acquired by Summit Partners) Wireless Generation 2000 2010 $400 million (acquired by News Corp.).

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Acquisition Autopsy: Details—and Questions—Behind MissionU’s $4M Sale to WeWork

Edsurge

In addition to MissionU’s institutional investors, the company attracted executives and well-known names in the education industry including Chip Paucek (CEO of 2U), Dan Rosenzweig (CEO of Chegg) and Ted Dintersmith, a former investor-turned-education philanthropist. Usually, when a hot startup gets acquired by an even hotter one, the industry cheers. But reactions to this month’s announcement that MissonU has been bought by WeWork have been lukewarm, if not entirely absent.

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

Edsurge

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. Tutoring is big business. Wealthy families fork out more than $1,000 an hour for top teachers. The industry has spawned celebrity millionaires in South Korea. One market analyst projects the global market for private tutoring will hit $227 billion by 2022.

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Hack Education Weekly News

Hack Education

Via Edsurge : “ Cheating on Chegg ? ” So Chegg’s algorithms declare you’re a cheater, and you don’t get a tutor. Each week, I gather a wide variety of links to education and education technology articles. All this feeds the review I write each December on the stories we are told about the future of education. National) Education Politics. Via The New York Times : “ Trump Wants to Arm Teachers. These Schools Already Do.”

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Hack Education Weekly News

Hack Education

Chegg has acquired the flashcard app StudyBlue for $20.8 Each week, I gather a wide variety of links to education and education technology articles. All this feeds the review I write each December on the stories we are told about the future of education. National) Education Politics. Via The Chronicle of Higher Education : “ Trump Administration Will Rescind Obama-Era Guidelines on Race-Conscious Admissions.”

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Move over 401(k)s — this new perk is helping millennials pay off college loans

The Hechinger Report

Its clients include Fidelity and Chegg. Alanda Povroznik, at head of table, works for a company that, as a benefit, will soon be helping her repay her college loans. Photo: Powertex.

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?Major Textbook Publishers Sue Follett Over Counterfeit Sales

Edsurge

Other textbook distributors, including Chegg, Inc. Three of the country’s largest publishers, Pearson Education, McGraw-Hill Education and Cengage Learning, are suing Follett Corporation, a major textbook distributor, on charges of selling counterfeit textbooks in its stores. The companies claim many of Follett’s textbooks are purchased from questionable distributors that sell illegally-copied versions.

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The 2018 EdSurde Annual Special: Surgecoin, EduWands and Other News Not Fit for Print

Edsurge

Chegg appears to have borrowed a page from Duolingo’s previous shenanigan for the Osmosis Pillow , which takes “memory foam” to another level. Happy first of April—a day where the joke’s on all of us. It used to be that people waited until today to unleash their pranks. But some companies are jumping the gun.

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Hack Education Weekly News

Hack Education

Chegg has acquired WriteLab for $15 million. Each week, I gather a wide variety of links to education and education technology articles. All this feeds the review I write each December on the stories we are told about the future of education. National) Education Politics. Via Forbes : “The Startup President: How France ’s Macron Nearly Built An EdTech Company.”

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Blackboard Co-Founder: ‘4 Secrets to Building a Tech Company for Higher Ed’

Edsurge

Chegg was founded in 2005 and went public eight years later in 2013. Once upon a time the learning-management system (or LMS) was a new idea. In fact, the notion emerged about two decades ago. To mark the 20th anniversary of Blackboard, one of the first LMSes, the company’s co-founder, Matthew Pittinsky, wrote an epic blog post about the company’s history, which includes his advice for today’s edtech leaders. What follows is an edited excerpt of Part 1 of that post.

3 Apps to Build Solid Study Skills

Ask a Tech Teacher

Website Review: Chegg. It’s not enough to share information with students. Unless they have an eidetic memory, much of what they see/hear/taste/smell never reaches long term memory. For that, students require study.

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Hack Education Weekly News

Hack Education

I missed this news back in February: Chegg acquired RefMe. (National) Education Politics. The AP interviews US Secretary of Education Betsy DeVos , who laments “she didn’t decry racism enough.” ” Via Politico : “New marching orders from Betsy DeVos’ civil rights chief have the Education Department churning through civil rights complaints.

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Stale Words and Hackneyed Ideas That Make Edtech Investors Cringe

Edsurge

Chegg (or Amazon for that matter)? If you go to startup pitch events, you’ve seen it happen: An entrepreneur says something—something so naïve, egregious and hackneyed—that it makes the investors, along with educators who are now increasingly in the audience, physically cringe. As funders wince and squirm uncomfortably, some are thinking along the lines of: “How do I respond to this pitch genuinely without coming off like a jerk?”.

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Why Your Financial Advisor Doesn’t Recommend Edtech Stocks

Edsurge

Chegg. Let’s pretend that you and I are both rich. Like, filthy rich. Scrooge McDuck or Tony Stark rich. The kind of rich that would let us both splurge large sums of money on silly bets. Now pretend that it’s late 2011, and we get into a debate about education technology. I’m excited for the industry’s future, and I think we can make money investing in publicly-traded edtech companies. You disagree and say that we’re both better off investing across a wider variety of industries.

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Hack Education Weekly News

Hack Education

” Via the press release : “ Cengage , McGraw-Hill Education , and Pearson have joined forces with Ingram and Chegg , Inc. Education Politics. President Trump gave a not-the-State-of-the-Union address to Congress on Tuesday. Details about the education-related elements of his speech from NPR , The New York Times , Education Week , and The Washington Post. Via The New York Times : “For Trump and DeVos , a Florida Private School Is a Model for Choice.”

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Hack Education Weekly News

Hack Education

” Pearson and Chegg are partnering for textbook rentals. Education Politics. From the Department of Education’s press release : “U.S. Secretary of Education Announces Chief of Staff and Additional Staff Hires.” ” And what a fine bunch. Via ProPublica : “DeVos Pick to Head Civil Rights Office Once Said She Faced Discrimination for Being White.”

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MissionU Says It Can Replace Traditional College With a One-Year Program

Edsurge

They include Facebook, Uber, Lyft, Spotify, Warby Parker, Casper, Birchbox, Plated, 2U, and Chegg. “In A venture-backed company today announced a new educational offering billed as an alternative to the standard undergraduate experience. It will last only one calendar year, feature a curriculum designed in close coordination with well-known employers, and cost nothing—at least at the outset.

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Hack Education Weekly News

Hack Education

Chegg has acquired Cogeon for $15 million. (National) Education Politics. “Assessing Betsy DeVos ’ Rollback on Disability Rights ” by Pacific Standard’s David Perry. “The 72 OSERS Documents Rescinded by Betsy deVos ” – by Liz Ditz. Via Inside Higher Ed : “The White House announced Thursday that President Trump would nominate Kenneth L. Marcus , president and general counsel of the Louis D.

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5 Ed-Tech Ideas Face The Chronicle’s Version of ‘Shark Tank’

Wired Campus

And so what we’ll do is kind of track what type of transactions are happening on, say, Chegg, Amazon, and online away from the bookstore. In the TV series Shark Tank, entrepreneurs with budding companies pitch their ideas to a panel of investors who ask probing questions and then decide whether to back the proposals.

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