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Mark Cuban, ECMC Lead $1.8M Round for Cluster to Develop Industrial Tech Talent

Edsurge

million in a seed round led by Mark Cuban and ECMC Group, an education nonprofit. Other investors include education technology executives, like Penn Foster CEO Frank Britt and Chegg CEO Dan Rosensweig, along with Zynga founder Mark Pincus and Flatiron Health CEO, Nat Turner. It’s in this niche where Cluster operates, and is growing.

Industry 118
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Hack Education Weekly News

Hack Education

Via Forbes : “The Startup President: How France ’s Macron Nearly Built An EdTech Company.” ” Ed-tech: where you don’t need an actual product idea for a company, and you can incubate your neoliberalism anyway. Via Inside Higher Ed : “Career Training Groups Encouraged by Trump Pick for CTE Job.”

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Hack Education Weekly News

Hack Education

“Researchers say removal of an IRS tool for financial aid applicants may have slowed FAFSA submissions, while college aid groups warn that affected students could already be losing out on aid,” Inside Higher Ed reports. ” Pearson and Chegg are partnering for textbook rentals. ” Robots and Other Ed-Tech SF.

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Hack Education Weekly News

Hack Education

“ Is Running a Company Like Leading a Classroom? Via The Outline : “The rise and fall of the company behind ’ Reader Rabbit’ and all your favorite educational games.” ” A data breach at Chegg – more details in the data and surveillance section below. .” Labor and Management.

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Hack Education Weekly News

Hack Education

” The Black Alliance for Educational Options , a charter school advocacy group, announced it will cease operations at the end of the year. No disclosure in this or its Class Central article that it shares investors with these MOOC companies.). Related, I think: “The Rift Among Charter Schools” by Rachel Cohen.).

MOOC 47
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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.” Via Pacific Standard : “How Universities Facilitate Far-Right Groups’ Harassment of Students and Faculty.” Robots and Other Education Science Fiction. The Business of Financial Aid.

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The 100 Worst Ed-Tech Debacles of the Decade

Hack Education

Without revenue the company will go away. Or the company will have to start charging for the software. Or it will raise a bunch of venture capital to support its “free” offering for a while, and then the company will get acquired and the product will go away. And “free” doesn’t last. Sometimes they strike a deal.

Pearson 145