Chegg Cuts $15 Million Check to Buy AI-Feedback Tool, WriteLab

Edsurge

Reading, writing and AI—that turned out to be the winning combination for startup, WriteLab. Chegg announced today that it bought the Berkeley-based startup for about $15 million in an all-cash transaction. There’s an additional payment of $5 million to key employees over the next three years, assuming they stay.) They started the company to solve a challenge that they both knew well: how to provide fast and actionable feedback to writing students.

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The Post-Pandemic Outlook for Edtech

Edsurge

The pandemic came early to Seattle. By mid-March, schools closed, sending students home to figure out how to keep learning from their kitchen tables. But how to make the most of the moment? Many of the investors are new to the industry, Brothers notes.

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2U Defends Trilogy Bootcamp Purchase

Edsurge

Last quarter, online program management company 2U shocked investors with worse than expected losses and, going forward, lower average program enrollment for some of its largest online graduate programs. Full-course enrollment grew 25 percent to 40,910 people.

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GSV Adds Three New Letters to Its Portfolio: MBA

Edsurge

Instead, the edtech investment firm is helping to launch a new online MBA program focused on entrepreneurship. What we’re focused on is creating an amazing program that attracts people who have dreams, and we help those dreams come to reality,” says Michael Moe, founder of GSV.

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

Edsurge

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. The company reemerged a year later intent on growing its digital offerings and making more strategic acquisitions and partnerships. We as an industry have chosen for a long time to basically ignore that—or have more or less been paying lip service to them. I think Chegg is doing well in that.

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Education Technology’s Machine Learning Problem—and Responsibility

Edsurge

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. But how is machine learning playing out in education—and how does it impact not just students, educators and parents, but also the businesses building technology tools to support teaching and learning?

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

Edsurge

It used to be that people waited until today to unleash their pranks. But some companies are jumping the gun. Duolingo got a head start with Brewolingo , “craft beers from America's Owliest Brewery to help you get fluent in any language” and which contain “a special blend of Owlcohol and Owlgorithms.” Chegg appears to have borrowed a page from Duolingo’s previous shenanigan for the Osmosis Pillow , which takes “memory foam” to another level.

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Stale Words and Hackneyed Ideas That Make Edtech Investors Cringe

Edsurge

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?”. The growing population of 18- to 24-year-olds in the U.S.,

The 100 Worst Ed-Tech Debacles of the Decade

Hack Education

I think it is worthwhile, as the decade draws to a close, to review those stories and to see how much (or how little) things have changed. But as the ed-tech sector is never willing to let a bad idea die, the report will live on. They want to choose a school.

Hack Education Weekly News

Hack Education

*Each week, I gather a wide variety of links to education and education technology articles. Oh my god, it’s almost time to start working on that year-end project.). Now the office wants to hire an outside contractor to help figure out why.” A mail bomb campaign targeted opponents of President Trump this week, but remember: the biggest threat to democracy and free speech are liberal students’ protests on elite college campuses.

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Hack Education Weekly News

Hack Education

Each week, I gather a wide variety of links to education and education technology articles. 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 AZ Central : “This lawmaker stands to earn at least $11M on his own charter schools. “How a Teacher in Rural Oklahoma Started a Science-Fair Dynasty” by The Atlantic’s Kristina Rizga.

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Hack Education Weekly News

Hack Education

Each week, I gather a wide variety of links to education and education technology articles. Via The New York Times : “ Trump Wants to Arm Teachers. ” Via The Washington Post : “ DeVos moves to delay Obama-era rule on minority special-education students.” ” (I’m including this here because all of these entities – Kushner’s family, the companies he received loans from – have education investments too.).

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

Wired Campus

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. The Chronicle adopted a modified version of the format during a session at the South by Southwest Edu conference in March, with a panel of experts weighing in on five new products or ideas to fix pressing problems in higher education. True, our panel didn’t have any money to invest.

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Hack Education Weekly News

Hack Education

Via ProPublica : “DeVos Pick to Head Civil Rights Office Once Said She Faced Discrimination for Being White.” Senate would open up Pell Grants to low-income students who earn college credits while still enrolled in high school,” Inside Higher Ed reports. Via The Washington Post : Governor Scott “Walker wants Wisconsin to be first state to stop dictating how much time kids should go to school.” Education Politics.

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Hack Education Weekly News

Hack Education

” Via Education Week : “The Polarizing Pick to Be Betsy DeVos ’ Right-Hand Man.” Via The Chronicle of Higher Education : “ Candice Jackson on Campus Sex Assault : ‘We’re Not Asking Schools to Step In as Courts of Law’ ” Via The New York Times : “ Melania Trump , in Michigan, Urges Middle Schoolers to ‘Choose Kindness ’ ” Via Inside Higher Ed : “ Rand Paul ’s New Target: Peer Review.”

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