Chegg Ditches Ingram for FedEx and Eyes International Growth

Edsurge

A switch in distributors for Chegg’s legacy textbook sales and rentals business reflects, in a way, how the more things change, the more they stay the same. Ingram bought Chegg’s textbook inventory to sell and distribute, and the companies shared the revenues. Chegg has more than $1.1

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K-12 Dealmaking: Chegg Acquires Easy Solutions; Age of Learning Raises $150 Million

Marketplace K-12

The month of May kicked off with a significant number of deals in the ed-tech sector, including acquisitions by Chegg and ACT, Inc. Chegg Acquires Imagine Easy Solutions: The learning platform provider has acquired Imagine Easy Solutions , the provider of EasyBib.com and other writing tools, for approximately $42 million in an all-cash transaction, Santa Clara, Calif.-based based Chegg said in a statement.

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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. The allure of “tech jobs” and the salaries they command have given rise to new industries, from coding bootcamps to specialized recruiters.

Gig’s Up: CreatorUp Raises $1 Million to Train and Match Creative Professionals for Work

Edsurge

To support that effort, the startup has raised $1 million in a seed round from a group of investors that include Metallavon VC, an early-stage investment fund based in Greece, and LearnStart, the seed fund affiliated with edtech investment firm Learn Capital.

How Merger of Two Textbook Giants Could Impact Course Materials

Edsurge

Concerns About Consolidation Groups advocating for lower textbook prices expressed concerns about the merger, and offered a narrative of how and why the industry is changing that is very different from the publishers’ talking points.

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EdSurge HigherEd Year in Review: Our Top Higher Education Stories of 2018

Edsurge

Cheating on Chegg? It’s no surprise that students would ask for help on platforms like Chegg, which offer digital textbooks as well as tutoring and homework help. Headlines and news feeds frequently flash statistics about how millennials—more than any group before it—are more likely to switch jobs and careers several times in their lifetime.

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?Major Publishers Dismiss Lawsuit Against Follett Corporation

Edsurge

Matt Oppenheim The anti-counterfeiting guidelines were created by the Educational Publishers Enforcement Group, a cohort made up of Pearson Education, McGraw-Hill Education and Cengage Learning, as well as Elsevier. Booksellers who have taken those steps already include Barnes & Noble Education, Chegg, Inc., Ingram Book Group, MBS Textbook Exchange and Valore.

Fueled by Big Rounds, Edtech Funding Surges to $887M in First Half of 2017

Edsurge

The number one thing that stood out for me is the TPG/Rise investment in EverFi,” says Jason Palmer, a general partner at New Markets Venture Fund, referring to the private equity group that led EverFi’s round. The bull is back—or is it? After a dip in dealflow and venture capital to U.S. edtech companies last year, the dollars returned with a fury during the first six months of 2017. According to our tally, there were 58 U.S.

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?Major Textbook Publishers Sue Follett Over Counterfeit Sales

Edsurge

Other textbook distributors, including Chegg, Inc. and Ingram Book Group, have both complied with the publishers’ guidelines, which require the distributors to thoroughly verify who they purchase from and more closely scan for counterfeit textbooks. Three of the country’s largest publishers, Pearson Education, McGraw-Hill Education and Cengage Learning, are suing Follett Corporation, a major textbook distributor, on charges of selling counterfeit textbooks in its stores.

Edtech Industry Magnate Michael Moe Makes a Pivot

Edsurge

I was one of the first analysts to cover the Apollo Group; it went from $100 million dollar in market value to $15 billion. So you can look at Chegg, which we’re an investor in, which has a $5.5

Move over 401(k)s — this new perk is helping millennials pay off college loans

The Hechinger Report

Excited to be back at his alma mater, the University of New Hampshire, Ed Farrington flashed bright-colored pie charts and graphs before a group of business students in what he considered a forceful presentation about the need for them to start saving early for retirement.

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Why Your Financial Advisor Doesn’t Recommend Edtech Stocks

Edsurge

Cambium Learning Group. Chegg. Once we each had our groups of stocks, we put down our money and started the long wait. Cambium Learning Group ( ABCD , maker of Learning A-Z, Voyager Sopris and other products) takes silver, its stock worth 54 percent more than at the start of the wager. Let’s pretend that you and I are both rich. Like, filthy rich. Scrooge McDuck or Tony Stark rich. The kind of rich that would let us both splurge large sums of money on silly bets.

Blackboard Co-Founder: ‘4 Secrets to Building a Tech Company for Higher Ed’

Edsurge

When the university evaluated platforms by having a group of faculty use both systems, we won most of the time. Chegg was founded in 2005 and went public eight years later in 2013. Once upon a time the learning-management system (or LMS) was a new idea. In fact, the notion emerged about two decades ago.

Hack Education Weekly News

Hack Education

” A data breach at Chegg – more details in the data and surveillance section below. Via Techcrunch : “ Chegg resets 40 million user passwords after data breach.” ” Chalkbeat’s Matt Barnum takes a close look at a new report from TNTP , the advocacy group formerly known as The New Teacher Project. Each week, I gather a wide variety of links to education and education technology articles.

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MissionU Says It Can Replace Traditional College With a One-Year Program

Edsurge

They include Facebook, Uber, Lyft, Spotify, Warby Parker, Casper, Birchbox, Plated, 2U, and Chegg. “In And applicants must go through an “admissions challenge,” which includes a group project with other applicants. A venture-backed company today announced a new educational offering billed as an alternative to the standard undergraduate experience.

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Hack Education Weekly News

Hack Education

” The education company “dead pool” gets some new cold bodies this week… Professional Educational Services Group , which hires substitute teachers in Michigan, has closed its doors. “ Ed Tech Cybersecurity : Suppose they gave a data breach and nobody came,” writes Phil Hill on the Chegg data breach. *Each week, I gather a wide variety of links to education and education technology articles.

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Hack Education Weekly News

Hack Education

” Via The Chronicle of Higher Education : “Shadowy ‘Group of 17 Faculty’ Adds Confusion to Chapel Hill’s Silent Sam Debate.” ” The headline really doesn’t do justice to this story, which involves a Confederate statue and a faculty group’s threat to remove it if UNC does not. Lightsail Education has been acquired by the private equity firm Agile Investment Group. Via Edsurge : “ Cheating on Chegg ?

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Hack Education Weekly News

Hack Education

Via Chalkbeat : “As Indiana test scores remain flat overall, gaps are growing between race and income groups.” ” Via EdWeek’s Market Brief : “Education Company Chegg Acknowledges Data Breach , Puts 40 Million Users on Notice.” Each week, I gather a wide variety of links to education and education technology articles. Sometimes I write a few comments. Really, this work is for me, but sure, I’ll share it with you.

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Hack Education Weekly News

Hack Education

Via Pacific Standard : “How Universities Facilitate Far-Right Groups’ Harassment of Students and Faculty.” Chegg has acquired the flashcard app StudyBlue for $20.8 Each week, I gather a wide variety of links to education and education technology articles. All this feeds the review I write each December on the stories we are told about the future of education. National) Education Politics.

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Hack Education Weekly News

Hack Education

Via Inside Higher Ed : “Career Training Groups Encouraged by Trump Pick for CTE Job.” Chegg has acquired WriteLab for $15 million. ” Investors in the venture capital fund include ACT, Lumina Foundation, Strada Education Network, ECMC Group, and Prudential Financial. Via Wired : “Congress, Privacy Groups Question Amazon’s Echo Dot for Kids.” Each week, I gather a wide variety of links to education and education technology articles.

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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. Education Politics. From the Department of Education’s press release : “U.S. Secretary of Education Announces Chief of Staff and Additional Staff Hires.”

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Hack Education Weekly News

Hack Education

” Via the press release : “ Cengage , McGraw-Hill Education , and Pearson have joined forces with Ingram and Chegg , Inc. million in funding from Wellcome Trust, Goldman Sachs Investment Partners, Four Rivers Group, Ashton Kutcher, LVMH, Xavier Niel, Bill Gates, Benchmark, and Founders Fund. Testing company Examity has raised $21 million from University Ventures and Inherent Group. Education Politics.

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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. Chavous is a founding board member of the American Federation for Children , the school choice advocacy group formerly chaired by Betsy DeVos.” Chegg has acquired Cogeon for $15 million. (National) Education Politics.

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

Wired Campus

Setting very clear expectations around those things, norming and setting the goals and rules as a group so that everyone buys in is super-important. The folks on our team have 10 years of experience in social and emotional learning and group bonding and creating culture, so we create a very strong culture in the house from Day 1 so that everyone has accountability with each other and understands that everyone is responsible. So they’ll still be in groups and teams.

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