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

Edsurge

Two years ago, the “college-alternative” company launched to glowing coverage on TV shows, raised $11.5 A company’s closure naturally raises question about the viability of its ideas and business model. Fast Company, which broke the story , reported that the acquisition was an all-stock deal. According to financial documents obtained by EdSurge, that stock is valued at roughly $4 million, based on WeWork’s most recent equity fundraise—a $4.4

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Hack Education Weekly News

Hack Education

” Via The Hechinger Report : “Documenting Maine ’s failure to implement proficiency-based education.” Doesn’t look like the company has anyone to take his place yet. Instead, the company handed him a $90 million exit package, paid in installments of about $2 million a month for four years, said two people with knowledge of the terms.” It’s a rot at the very core of the company’s leadership team.

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Hack Education Weekly News

Hack Education

Via Buzzfeed : “The FDA Made A Surprise Visit To Juul Labs , Seizing ‘Over A Thousand Pages Of Documents’ ” Juul sells e-cigarettes to teens. ” Via Education Week : “Security Companies Sell School ‘Hardening’ as Mass-Shooting Solution.” ” Via MyNDNow.com : “ Iowa company donates AR–15s to be placed in Bismarck schools.” The language learning company has raised $12.5

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Hack Education Weekly News

Hack Education

Via The Wall Street Journal : “ California plans to sue one of the nation’s largest student loan companies.” The audit found several weaknesses, with concerns that revolved around inadequate supporting documents accreditors present to the department – a process the inspector general said is subject to ‘cherry-picking’ by the agencies.” Chegg has acquired the flashcard app StudyBlue for $20.8

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Hack Education Weekly News

Hack Education

“The 72 OSERS Documents Rescinded by Betsy deVos ” – by Liz Ditz. No disclosure in this or its Class Central article that it shares investors with these MOOC companies.). the nation’s largest virtual charter school management company , as president of academics, policy, and schools. ” Via EdWeek’s Market Brief : “ African Ed-Tech Incubator ’s First Class of Companies Step Into Market.” (National) Education Politics.

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