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

Edsurge

Chegg announced today that it bought the Berkeley-based startup for about $15 million in an all-cash transaction. They started the company to solve a challenge that they both knew well: how to provide fast and actionable feedback to writing students. The company has also begun partnering with other companies such as Pearson and Microsoft. The acquisition by Chegg is the kind of outcome that entrepreneurs and investors have long hoped to see in the edtech world.

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Springboard Raises $11 Million to Expand Mentor-Driven Coding Bootcamps

Edsurge

The San Francisco-based company has plans to reach more learners now that it’s raised an $11 million post-Series A financing round. Earlier this year, the company launched three programs in India, where Tambay and co-founder Parul Gupta grew up. Kashif Ross needed a career change.

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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. (It’s

Hack Education Weekly News

Hack Education

Via The Wall Street Journal : “ California plans to sue one of the nation’s largest student loan companies.” Speaking of terrible ideas taken up by terrible people and terrible companies, Andrew Ng – yes, of MOOC fame – says that we should be less concerned with making self-driving cars safe and more committed to training bystanders (pedestrians? Chegg has acquired the flashcard app StudyBlue for $20.8

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