Edsurge
FEBRUARY 27, 2023
The homework-help business — led by giants like Chegg and Course Hero — has long been both profitable and controversial. The popularity of Chegg’s subscription service even became a verb: “Chegging.” I think that's a naively optimistic take,” Hill says of the notion that AI will help rather than hurt Chegg. “[But]
Edsurge
APRIL 1, 2022
In the next few days, thousands of edtech entrepreneurs, investors, educators and policymakers will flood a hotel in San Diego to attend the Mecca of Education Innovation Optimism known as ASU GSV. So now is the perfect time to reflect on the state of edtech. A small but mighty movement was building – and it needed time to grow.
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Edsurge
JANUARY 27, 2021
That leaves 2U, Chegg and Stride (formerly known as K12 Inc.) as the remaining trio of prominent edtech companies on the U.S. But this contraction may not last long, thanks in part to one of the industry’s earliest and most ebullient investors, who is steering a financial vehicle that’s taken public markets by storm.
Edsurge
JUNE 11, 2020
Soon, schools would be inundated with sales pitches from edtech companies, and it didn’t take long before they started pushing back against those that seemed predatory. For the edtech industry, the pandemic poses a paradox. Yet this reality seems not to have dampened investor enthusiasm for private edtech companies.
Edsurge
NOVEMBER 12, 2019
Back in 2014, more competition from Amazon had led the Santa Clara, Calif-based Chegg to a deal with book distributor Ingram Content Group. Ingram bought Chegg’s textbook inventory to sell and distribute, and the companies shared the revenues. The Ingram deal was framed as part of Chegg’s strategy to 100 percent digital revenue.
Edsurge
JULY 28, 2021
It’s got an effective mobile app that really changes the context in how people access language, a critical mass in consumer interest in learning applications and since the pandemic hit, it put edtech into the minds of investors as a real investable category,” says Trace Urdan, an edtech analyst and managing director at Tyton Partners.
Edsurge
JUNE 30, 2020
That’s the industry lingo for companies valued at $10 billion or more. Bond was founded by Mary Meeker, a former partner at Kleiner Perkins whose annual “Internet Trends” reports have become a must-read for the technology industry. Education industry analysts say that trend is emerging in the U.S. The highest-valued private U.S.
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