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Why I’m Optimistic About the Next Wave of Education Technology

Edsurge

The first online class we launched in 1998 was little more than flat text on webpages, and we closely followed the birth of learning management systems, meeting with both Blackboard and WebCT before they achieved their first $1 million in revenue. Tablet computers didn’t take off until a decade later. 2004-2011: Washington Leans In.

Kaplan 161
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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. Wedge Tailed Green Pigeon.

Pearson 145
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The Business of Education Technology

Hack Education

Bust or not, companies across the tech sector, particularly those with high “burn rates” , faced tough choices in 2016: “cut costs drastically to become self-sustaining, or seek additional capital on ever-more-onerous terms,” as The WSJ put it – that is, if they were able to raise additional capital at all. .”

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Hack Education Weekly News

Hack Education

the Virginia company at the heart of the operation.” Here’s the EdWeek headline: “ Company Exec. for Ed-Tech Company Testifies in Ala. ” Gee, good thing no one else in ed-tech is in the business of selling these sorts of connections between companies and politicians and schools! ” Ugh.

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Hack Education Weekly News

Hack Education

” The proposal would expand the gainful employment rule to all schools that receive federal aid, but it would remove any penalties for schools that fail to meet acceptable levels. The “pioneer in the science of learning,” as Inside Higher Ed puts it , will help the technology company with its internal training program.

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Hack Education Weekly News

Hack Education

Testing, Testing… Via EdSource : “Testing company fined in California for second year.” ” The testing company in question: ETS. “ Coursera ’s new monthly subscriptions could monetize procrastination,” says Techcrunch. The learn-to-code company has raised $4.34 million total.