edBiz Newsletter

A Newsletter for Education Business Leaders

Todd Hand
Managing Director and Education Principal
todd@bsgtv.com

Ralph Protsik
Co-Founder and Managing Director
ralph@bsgtv.com

Mary Axelson
Editor


www.bsgtv.com



Forbes | Best Executive Recruiting Firms 2018
Recent Podcasts from Todd Hand

Active searches

Carnegie Learning, Board of Directors
Fusion Education Group, Chief Marketing Officer
BrandEd, Chief Financial Officer
KIPP Texas, Chief Financial Officer
Thinkful, hief Operations Officer


Selected 2017-2018 searches

Camelot Education, CEO
Edmentum, President and CEO
Northeastern early childhood education provider, CEO
Cambridge Education Group, General Manager
AltSchool, Chief Impact Officer
KIPP Texas, Chief Operating Officer
KIPP Texas, Chief People Officer
KIPP Foundation, Chief of Programs and Impact
OnCourse Learning, Chief Technology Officer; Chief Marketing Officer
Tiber Health (a University Ventures portfolio company), Chief Product Officer
Elsevier, Head of Adaptive Solutions
Walton Family Foundation, Senior Advisor
HelioCampus, SVP, Market Development
Learning Ally, Senior Vice President Sales
eDynamic Learning, SVP Sales & Marketing
BrandEd, Vice President, Global Information and Technology
Revolution Foods, VP Sales
Catapult Learning, VP Sales
MeTEOR Education, VP Growth Strategies
Sotheby's Institute of Art, Senior Director of Global Admissions and Recruitment
The School of The New York Times, Director, Pre-College Division
Confidential, Board of Directors




Sources

  • Academic Business Advisors, LLC
  • Associated Press (AP)
  • Academic Business Advisors, LLC
  • The Atlantic
  • Bostinno
  • Brookings Institution
  • Campus Technology
  • Center for American Progress
  • Center for Digital Education
  • Center on Education and the Workforce
  • Christian Science Monitor
  • The Chronicle of Higher Education
  • The Clayton Christensen Institute
  • CLO Media
  • CNBC
  • CNET smartplanet.com
  • Computer World
  • Diverse: Issues in Higher Education
  • eCampus News
  • eLearning
  • The Economist
  • The Economic Times
  • edSurge
  • Education Dive
  • Education News
  • Education Next
  • Education Sector
  • Education Week
  • Educause Review
  • Edudemic
  • Edutopia
  • EdWeek Market Brief
  • eLearn Magazine
  • Entrepreneur
  • eSchool News
  • Fast Company
  • Forbes
  • Fortune
  • FoxNews.com
  • Geekwire
  • GettingSmart.com
  • Harvard Business Review
  • the Hechinger Report
  • the Heritage Foundation
  • Huffington Post
  • Inside Higher Ed
  • IT World
  • Journal of Applied Research on Children
  • KQEDMind/Shift
  • McKinsey Quarterly
  • MDR EdNet InSight
  • MIT Technology Review
  • Mother Jones
  • National Journal
  • NBCNews.com
  • NewsDay
  • NewsWeek
  • The New Republic
  • The New Yorker
  • The New York Times
  • The Week
  • NPR
  • OnStartups.com
  • Politico
  • Psych Central
  • Rolling Stone
  • San Francisco Chronicle
  • Scientific American
  • The 74 Million
  • SkilledUp
  • Skoll World Forum
  • Slate
  • The Stifel Equity Research Group
  • Social Science Research Network
  • TechCrunch
  • Tech Radar
  • T.H.E. Journal
  • Thomas B. Fordham Institute
  • Time
  • University Business
  • University Ventures
  • University World News
  • US News & World Report
  • Wall Street Journal
  • Washington Post
  • Venture Beat

K-12

EdSurge: Google Makes a Rare Education Technology Acquisition
Getting acquired by the likes of Apple, Google and other "Big Tech" firms is often the dream of entrepreneurs (and their investors). Yet in the education industry, these deals have been few and far in between, especially as many of these companies have decided to build their own edtech tools...more>>
EdWeek Market Brief: K-12 Dealmaking
Online Tutoring Startup Vedantu Raises $11 Million; Sandbox & Co. Makes Acquisition...more>>

Girls Who Code Expands to Canada; Catapult Learning Makes Acquisition...more>>
EdWeek Market Brief: Transformation of Ed-Tech Startups: Pivot or Evolution?
When I started Listenwise five years ago, I left a career as a public radio reporter to bring audio storytelling to the K-12 classroom. I started a company that brings public radio to students so that middle and high school teachers can use a public radio story with just about anything they teach...more>>
EdSurge: The Actual Dollars That Will Shape the New K-12 Investment
Investors take note: Business intelligence that relies on a district's budget and fiscal data will become a fast-growing K-12 market in the next five years...more>>
The 74: National Poll on Education Attitudes Finds Majority of Teachers Down on Profession, Lack Trust in Parents
American teachers are less enthused about their jobs than are local politicians or active-duty military personnel, according to the 2018 EdChoice Schooling in America Survey...more>>
EdTech: What Gartner's Top Tech Trends for 2019 Mean for Education
Augmented data analysis, blended digital tools and connected networks will reign among technology innovations in the coming year, according to IT analyst group Gartner's top 10 tech trends of 2019...more>>
EdWeek Market Brief: What the 2018 Election Means for K-12 Companies: 4 Takeaways
Most State Ballot Items Did Not End Up Infusing Public Education With More Money, But Local Items Will Boost Aid...more>>
EdSurge: Many Online Education Marketplaces Have Sputtered. Will Quizlet's Pass the Test?
Content may be king. But distribution determines the fate of kingdoms. For decades, print textbook publishers have owned K-12 distribution channels, usually through fleets of sales representatives that hone relationships with schools and districts...more>>
Hechinger: 3 lessons from data on how students are actually using educational apps and software at school
Teachers and students aren't using all the pricey software that school budgets buy, researchers say...more>>
EdSurge: How Do We Make Edtech More Effective? (Hint: It Has Nothing to Do With Technology)
Kathy Noble was my son Colin's special-education teacher. Back in 1999, when Colin was 10, my conversations to date with doctors, therapists and psychologists had been largely focused on Colin's disability. But my discussions with Ms. Noble focused on Colin...more>>
Pew: Teens' Social Media Habits and Experiences
Teens credit social media for helping to build stronger friendships and exposing them to a more diverse world, but they express concern that these sites lead to drama and social pressure...more>>
EdSurge: CodeMonkey Acquired by TAL Education Group
An educational coding platform for grade school students with the cheeky tagline, "Write code. Catch bananas. Save the world" said today that it has been acquired by Beijing-based TAL Education Group...more>>
GeekWire: Microsoft commits $10M to Code.org as survey finds obstacles to teaching computer science
Underqualified. Overwhelmed. Underfunded. Those are among the reasons teachers give, in a new survey, as to why they or other educators at their school don't teach students computer science - on the first day of the annual Computer Science Education Week...more>>
EdWeek Market Brief: Texas, a Prized K-12 Market, Approves Wave of Instructional Materials
For companies competing to sell curriculum in schools, few markets rival the importance of Texas...more>>
EdTech Magazine: Educators See Positive Impact of Mobile Devices in K–12
A report from Project Tomorrow shows mobile devices support student equity, empowerment, and understanding...The report, titled "Beyond Engagement" and written by Julie Evans, chief executive officer for Project Tomorrow, expands on findings from Project Tomorrow's 2017 "Speak Up" report...more>>
EdWeek Market Brief: ISTE, LearnPlatform Create Online Hub for Peer-to-Peer Reviews of Ed-Tech Tools
In an effort help educators make smart choices amid the deluge of ed-tech tools marketed to them, ISTE has partnered with a private company to create an online hub for teachers to review and post information on the quality of those products...more>>
EdDive: AP credits offer multiple benefits once students reach college
Students who accumulate Advanced Placement (AP) credits in high school take higher-level courses in college and are more likely to earn a double major, according to a study appearing this month in the American Educational Research Journal. In addition, Pell Grant recipients are especially more likely to earn their degrees in a shorter length of time...more>>
Hechinger: The number of public school students could fall by more than 8% in a decade
Declining U.S. births and immigration might lead to school closures but could also mean more pre-K spots...more>>
The 74: Beyond ‘College for All': With Success Eluding More University Hopefuls, High Schools Are Pivoting to Prepare Grads for Prosperity Without a Bachelor's Degree
Public education in the United States changes very slowly - except when it changes fast. As recently as the mid-1990s, less than one-fifth of women in this country and one-quarter of men held four-year degrees...more>>
EdSurge: Kid-Tracking Sensors May Not Be the Wildest Thing About This Montessori Model
On a tree-lined avenue, between shops, cafes and row houses about a half mile from Harvard University, sits a uniquely high-tech school in a narrow storefront. Kids don't spend time in front of screens, though. In fact, they never even see them. Instead, the tech is embedded into the environment almost invisibly...more>>
The 74: Primed for Amazon-Style Question Shopping, New Meridian Opens Fresh Chapter for Maligned Common Core Test
America was a simpler place 10 years ago ago. Tesla had not yet built a car. Kanye was not yet dating Kim. And testing based on Common Core State Standards, which then-Secretary of Education Arne Duncan called "an absolute game changer in public education," had yet to begin...more>>
NPR: The Future Of Learning? Well, It's Personal
If you do a Google image search for "classroom," you'll mostly see one familiar scene: rows or groups of desks, with a spot at the front of the room for the teacher...more>>
Hechinger: Designing accessible ed tech can be costly, but demand is on the rise
Schools are putting more pressure on developers to think about access...more>>
Chalkbeat: In a shift, more education reformers say they're worried about schools' focus on testing
It was not the place you'd expect to hear sharp critiques of standardized testing. But they just kept coming last week at an event put on by the Center on Reinventing Public Education, an organization that has spent 25 years studying and supporting key tenets of education reform...more>>
EdSurge: ‘Dear Mr. Zuckerberg': Students Take Summit Learning Protests Directly to Facebook Chief
Earlier this month, a group of high school students in New York City took to the streets to protest their school's online program, Summit Learning. On Thursday, hoping to send a stronger message, they took it all the way to the top, with a letter to Facebook CEO Mark Zuckerberg...more>>
EdDive: Personalized learning remains a hot topic, but what does the groundwork look like?
As a buzzword, personalization has become ubiquitous at ed conferences, but schools are taking a variety of steps to give students greater ownership of their learning...more>>
Forbes: World's Largest Private Education Firm Kroton Unleashes Digital Change
Brazil's private education giant Kroton Educacional is moving at full-speed with a digital transformation strategy that is using innovation to improve learning and teaching experiences while improving business delivery...more>>
EdSurge: In China, a Generation Raised by ‘Tiger Mothers' Seeks a Softer Approach
For Nancy Xu, childhood revolved around her studies. That meant early-morning bus rides to school, loads of after-school classes, and by high school, spending 12 hours a day on coursework...more>>
CNBC: Chinese unicorn VIPKid says it's focused on maintaining quality in the face of 'rapid growth'
The balancing act of maintaining a high quality online teaching platform with meteoric global growth is a constant battle for the CEO and founder of Chinese unicorn, VIPKid....more>>
South China Morning Post: China's ban on kindergartens raising funds in capital markets sparks education stock sell-off, clouds preschool sector's prospects
China's ban of kindergartens raising funds in global capital markets to rein in the private preschool market has sent education stocks plummeting from Hong Kong to New York, as school operators and investors struggle to read the government's longer term intentions for the billion-dollar sector...more>>
EdSurge: Education Looks Eastward: Snapshots from Beijing's Global Education Technology Summit
Beijing-China is a different world when it comes to education and tech. Teachers are revered, most families spend about a third of their income on their children's education, and most students spend at least an hour a day on some kind of online learning...more>>
Education Week: Teachers Want Education Research. The Feds Spend Millions on It. So Why Can't It Get to the Classroom?
The initial results of the Institute of Education Sciences' listening tour on teacher priorities highlight both an urgent need for new studies-in areas like technology, student trauma, and educational equity-and better outreach on existing research...more>>
The 74: Inside the $3 Billion School Security Industry: Companies Market Sophisticated Technology to ‘Harden' Campuses, but Will It Make Us Safe?
Inside an underground meeting room attached to the U.S. Capitol, past guards and metal detectors, lawmakers and officials from leading security companies discussed a burgeoning threat of mass school shootings and the dire need to "harden" campuses before someone else gets killed...more>>
Education Week: Schools Are Spending Millions on Safety. How Will They Know It's Working?
Schools are spending tens of millions of dollars this year to shore up security in the wake of two mass school shootings. But how do K-12 leaders know if they are spending their scarce funds in the right way?...more>>
AP: New Democratic governors show shift on US charter schools
Education Secretary Betsy DeVos was not on the ballot in the Michigan governor's race, but her legacy loomed over the campaign in her home state, which has the country's highest concentration of for-profit charter schools...more>>
Education Week: How Election Results Will Shake Up State Education Policy
There will be a new cast of characters overseeing state education policy in 2019-and many of them will be looking to shake things up to deliver on the many promises they made on the campaign trail in this year's midterm elections...more>>
Hechinger: Will a new push for free wireless internet help rural students get online?
Pending FCC rule change could help close the 'homework gap'...more>>
The 74: Midterm Postmortem: Was the Election a Repudiation of Ed Reform? Or Just a Sign That It's Going 'Under the Radar'?
Education reform, at least its most contentious elements, didn't have a great night Tuesday...more>>
EdChoice: Where Governors Stand on School Choice 2018
There were 36 gubernatorial races in the 2018 cycle, and Democrats picked up a total of seven seats nationwide.

Wondering where the nation's newly elected or re-elected governors stand on education reform-and specifically on the issue of private school choice? We've collected their public and campaign statements here...more>>


Higher Ed

Campus Technology: VR Tops Faculty Wish List for the Classroom
In a recent survey of faculty members at colleges and universities across the country, the No. 1 tech respondents said they wished for was virtual reality gear. Interactive, large-screen displays came in second, followed by detachable tablets, 3D scanners and interactive projectors...more>>
Inside Higher Ed: Imagining an Apple Store for Online Degrees
Georgia Tech moves forward with plans to create storefronts for its online education programs, joining a growing number of institutions offering hybrid online learning experiences...more>>
Inside Higher Ed: New International Enrollments Decline Again
The number of new international students fell by 6.6 percent at U.S. universities in fall 2017, and the decline appears to be continuing this fall, according to new data...more>>
NYT: Late to Launch: The Post-Collegiate Struggle
Despite a low unemployment rate, many young adults lack job prospects that mesh with their idealized vision of the post-college world...more>>
eLearning Inside: A Columbia Teachers College Study Explores Who is Taking MOOCs and Why
A new study released by the Center for Benefit-Cost Studies of Education (CBCSE) at Columbia University's Teachers College suggests that MOOC learners are generally well-educated, employed, and between the ages of 30 and 44. The study also reveals that most MOOC participants are enrolling to improve their current performance at work and opting to pay for their courses rather than audit...more>>
Hechinger: As students flock to credentials other than degrees, quality-control concerns grow
Policymakers try to bring consistency to what "microcredentials" actually mean...more>>
Washington Post: Betsy DeVos reinstates controversial gatekeeper of for-profit colleges
Education Secretary Betsy DeVos on Wednesday restored federal recognition to a controversial agency that accredits for-profit colleges, reversing an Obama administration decision to put it out of business...more>>
Chronicle: What the Rise of the Mega-University Might Mean for the Rest of Us
A few weeks ago, when I wrote about Southern New Hampshire University, I called it a forerunner of a new breed of institution, the nonprofit mega-university. Now I have a confession to make: I'm still not exactly sure what that means, or what it could lead to...more>>
EdDive: Higher ed consolidation could pick up in 2019, Fitch say
Fitch Ratings on Thursday issued a negative outlook for the higher education sector for the coming year as colleges grapple with numerous operational issues including increased competition for students, according to a client note emailed to Education Dive...more>>
Chronicle: Moody's Gives Higher Ed a Negative Outlook, Again
The credit outlook for higher education remains negative for the second year in a row, according to the latest report from Moody's Investors Service...more>>
Campus Technology: Survey: Most Campus IT Investments Aren't 'Very Effective'
Campus IT leaders aren't wildly enthusiastic about the investments in technology their institutions are making. In just a single area - student recruitment - do at least half of these individuals (52 percent) rate the IT investment "very effective."...more>>
EdSurge: 'Faculty Information System' Developer, Interfolio Acquired for $110M+
Being a faculty member requires a lot more than just teaching and research. Behind the scenes, there's accreditation reporting, tracking and organizing work around tenure, plus managing and supporting students while staying on top of new technologies and instructional practices...more>>
Inside Higher Ed: Innovation and Disruption Within Student Information Systems
Student information systems (SIS) are hugely important aspects of higher education technology. These systems are literally in use on a daily basis by thousands of users. Whilst there have seemingly always been a limited number of market leaders in the SIS space, new thinking, solutions, and companies have emerged over the years...more>>
EdSurge: Struggling College-Pathway Provider Quad Learning Pivots and Sells
An experiment to create an inexpensive pathway for students to attend prestigious, four-year universities ended up costing one company a lot of money...more>>
EdDive: More colleges are using the blockchain for student records
ECPI University, a for-profit college based in Virginia, is among the latest colleges to offer verification of student degrees via blockchain, according to The Roanoke Times, which notes that Virginia Tech is "in the early stages" of considering a similar offering...more>>
Washington Post: Pay for private university chiefs grows by 4 percent
Presidents of America's private colleges and universities saw their pay increase by nearly 4 percent in 2016, with dozens receiving more than $1 million, according to a new report...more>>
Chronicle: Executive Compensation at Private and Public Colleges
The Chronicle's executive-compensation package includes the latest data on more than 1,400 chief executives at more than 600 private colleges from 2008-16 and nearly 250 public universities and systems from 2010-17...more>>
NPR: College Side Hustle
Fewer students means less money for colleges, so many are getting creative and finding new and innovative - and sometimes tacky - ways to make money. They're doing everything from licensing their logos to offering certificates to selling condiments to renting out empty dorms...more>>
EdDive: To help draw Amazon, Virginia Tech planned a $1B campus near DC
Virginia Tech will build a 1 million-square-foot graduate tech campus in Alexandria, Virginia - just across the river from Washington, D.C., and in the same neighborhood as Amazon's planned new headquarters...more>>
Vox: How corporate cash bought higher education
In 2014, the New York Times sent an investigative reporter to the University of Oregon to cover a disturbing sexual assault case involving three basketball players. What he found, ultimately, was a university culture thoroughly corrupted by its entanglements with corporate America - the school's questionable handling of the rape allegations was just the tip of the iceberg...more>>
Inside higher Ed: Employers Want Liberal Arts Grads
New study says the evolving economy creates a greater need for their skills, but that many colleges could do better at thinking about what graduates can do and helping them translate that into jobs...more>>
Chronicle: Who Else Will Get Sued Over Their Admissions Policies?
The recent trial that challenged Harvard University's consideration of race in its admissions process brought the issue of affirmative action back into the spotlight. The university could be one of many that is put on the defensive over the issue, legal scholars say...more>>
AACC : AACC member survey results show significant campus impact of revived summer Pell Grant
The findings of a national survey of community colleges show a spike in Pell Grant recipients as a result of the reinstated year-round Pell Grant...more>>
GQ: Betsy DeVos Is Working Hard to Make Student Loan Forgiveness an Impossibility
Betsy DeVos is exceptionally good at her job. Not at running the Department of Education, that is, her tenure there has been an undeniable train wreck and she's repeatedly shown that she barely understands the laws around public education and student rights. But she is good at her job as she seems to understand it...more>>
Bloomberg gives Johns Hopkins a record $1.8 billion for student financial aid
Former New York mayor Michael R. Bloomberg announced Sunday he is giving a record $1.8?billion to Johns Hopkins University to support student financial aid at his alma mater and make its admissions process "forever need-blind."...more>>
EdSurge: Stop Asking About Completion Rates: Better Questions to Ask About MOOCs in 2019
As an instructional designer who has been building MOOCs for the past five years, I've been asked this question more times than I can count. It's depressing shorthand for skepticism about online education in general...more>>
Wired: The Open University started as a radical idea, now it's in trouble
The Open University started as a radical experiment that disrupted education. But now it's in trouble: courses have been cut, applicants are in free fall and that's before you account for online courses...more>>
The Atlantic: What Do Students Do When a For-Profit College Closes?
Unfortunately, they may not be able to do much...more>>
Inside Higher Ed: Large For-Profit Chain to Close
One of the country's largest for-profit college operators on Wednesday announced the closure of all of its campuses and began notifying employees that their positions would be eliminated. Education Corporation of America owns more than 75 campuses and enrolls at least 20,000 students in mostly certificate-granting professional disciplines such as cosmetology, culinary arts and medical and dental assistant programs...more>>
EdDive: These colleges' fates could change now that ACICS has its federal recognition back
Education Secretary Betsy DeVos restored federal recognition of the Accrediting Council for Independent Colleges and Schools (ACICS) last week, but the for-profit accreditor and the colleges it oversees still have a tough road ahead...more>>
Politico: Data dispute effectively kills 'gainful' rule
The Trump administration this fall missed a key deadline to finalize Education Secretary Betsy DeVos' proposal to completely eliminate the Obama-era "gainful employment" rule. But an inter-agency dispute over data-sharing has already effectively killed the regulation...more>>
Chronicle: In Unusual Letter, Democratic Senators Ask 'U.S. News' to Change Emphasis of College Rankings
A handful of Democratic senators want an influential ranker of colleges to reconsider what's important in higher education...more>>
Forbes: A Higher Education Law Is More Likely Than You Think
In Washington, gridlock is a running theme. So it's not surprising that, even before all the winners of the election were named, experienced observers put the odds of higher education legislation at close to zero...more>>
Chronicle: DeVos Says Student Loans Have Created a Crisis. Hold On, Researchers Say
At a training conference on Tuesday focused on the weeds of financial-aid policy, the U.S. education secretary, Betsy DeVos, spoke in broad and bombastic terms about what she called the "crisis in higher education."...more>>
NPR: Education Dept. Proposes Enhanced Protection For Students Accused Of Sexual Assault
Education Secretary Betsy DeVos announced sweeping rules on how colleges handle cases of sexual assault and harassment that she says will fix a "failed" and "shameful" system that has been unfair to accused students...more>>
The Atlantic: Graduate School Can Have Terrible Effects on People's Mental Health
Ph.D. candidates suffer from anxiety, depression, and suicidal ideation at astonishingly high rates...more>>
Inside Higher Ed: Universities Team Up on Completion
Public university group brings together 130 universities and systems in 16 "clusters" that will seek to improve student access and completion while curbing equity gaps...more>>
NPR: Ed Department To Erase Debts Of Teachers, Fix Troubled Grant Program
The Education Department is releasing a plan Sunday to help these teachers who have been wrongly hit with debts, sometimes totaling tens of thousands of dollars, because of a troubled federal grant program...more>>

Et Alia

Scientific American: Top 10 Emerging Technologies of 2018
Disruptive solutions that are poised to change the world...more>>
NYT: Digital Divide Is Wider Than We Think, Study Says
Ferry County in northeastern Washington spans more than 2,200 square miles of mostly forestland, rivers and lakes. And according to the Federal Communications Commission, everyone in the sprawling county has access to broadband internet...more>>
Vox: Is our constant use of digital technologies affecting our brain health? We asked 11 experts.
We now have a "national attention deficit," one neuroscientist says...more>>
eLearning Inside: Why eLearning Will Grow In Higher Ed in 2019
Last year, eLearning Inside News predicted that eLearning would have a strong year. In 2018, key drivers cited included growing student demand, changing faculty attitudes, and a surge in the global eLearning market. eLearning Inside is predicting that 2019 will be another strong year for eLearning in higher ed...more>>
MIT Tech Review: Here's what a manufacturing skills gap of more than 2 million people will look like
Unless manufacturers start exploring new strategies, they won't be able to find enough people qualified to work in their specialized factories...more>>
These are the skills to learn for the future of work, according to the World Economic Forum
When we talk about the future of work, we often talk about job titles as a proxy for where the economy is heading. Machinists and truck drivers are out, robotics programmers and project managers are in. But as job titles get more and more nebulous (what is it that project managers do anyway?) a new report from the World Economic Forum suggests that we ought to also look at skills...more>>
Silicon Republic: What are the most in-demand skills for the future of work?
The most important skills for the future are soft skills, not technical abilities, according to the Future of Work Global Research Study 2018...more>>
CLO: Microlearning and the Brain
Microlearning is effective for hard skills but detrimental when it comes to people and emotional skills...more>>
Fast Company: American parents are depressed, and the reason why is even more depressing
Ray Romano once joked, "Everyone should have kids. They are the greatest joy in the world, but they are also terrorists. You'll realize this as soon as they're born, and they start using sleep deprivation to break you."...more>>
EdSurge: Education Platform Aceable Brings in $47M in Series B
Aceable, a digital education platform where students can earn training and certification in areas such as real estate and defensive driving, has raised $47 million in a Series B round led by Sageview Capital...more>>
TechCrunch: Language learning app Babbel sold 1M US subscriptions this year, moves into language travel
In the world of online language learning, there are basically two heavyweights: Duolingo and Babbel. Duolingo is betting on a freemium model and a strong focus on using algorithms to help you learn better, while Berlin-based Babbel is a paid service that employs hundreds of teachers...more>>
Washington Business Journal: A good idea that struggled: An inside look at the acquisition of Quad Learning
It was a less than stellar end for a startup that launched with much fanfare in 2012, including $11 million from venture giant New Enterprise Associates Inc. and originally led by former Novak Biddle General Partner Phil Bronner...more>>
Nasdaq: Beijing's 2018 venture capital party may not last
China's venture capital bash may be about to get quieter...What most of this year's debutantes have in common is they bet on local consumers, one way or another. But those shoppers look more fretful. Changes to rules on education, fintech and gaming have only added to the strain...more>>
EdSurge: Vietnamese Online Education Provider, Topica Raises $50 Million
Topica Edtech Group, a Hanoi, Vietnam-based provider of online educational offerings ranging from live English tutoring courses to full-on bachelor's degree programs (through partnerships with existing universities), has raised $50 million in a Series D investment from Northstar Group, a Singapore private-equity firm...more>>
EdSurge: Indian Online Tutoring Startup Scores $11 Million in Series B Funds
Vedantu, a Bangalore, India-based startup that facilitates online tutoring sessions, has raised $11 million in a Series B round led by Omidyar Network. Previous investor Accel Partners also participated in this round...more>>
EdSource: Newsom's 'cradle-to-career' education pledge will require sweeping changes in California
Lt. Gov. Gavin Newsom, California's likely next governor, is calling for an all-out assault to change the state's educational outcomes, one that starts before birth and extends through school, college and into the workplace...more>>
Venture Beat: On-demand staffing app Wonolo raises $32 million led by Bain Capital Ventures
Wonolo, an app that helps companies find temporary workers and contractors, today announced that it has raised a $32 million round of venture capital, led by Bain's venture capital arm...more>>
PEW: Early Benchmarks Show 'Post-Millennials' on Track to Be Most Diverse, Best-Educated Generation Yet
A demographic portrait of today's 6- to 21-year-olds...more>>
SIA: US executives optimistic for 2019, talent acquisition top serious concern
Executives are optimistic about their businesses growth in 2019 but concerned about a shortage of available talent, according to the Employer Associations of America's 2018 National Business Trends Survey...more>>
Crunchbase: A Roundup of Venture Capital Firms Focused On Investing In Veterans
One Navy veteran who founded a construction tech startup once told me that veterans could make some of the most successful entrepreneurs because they often possess the traits that are crucial to running a successful business, including tenacity, self-discipline, and focus. So for Veteran's Day, let's highlight VC firms focused on investing in veteran-founded businesses...more>>
AEI: STEM without fruit: How noncognitive skills improve workforce outcomes
Labor market data and employer feedback suggest that the emphasis on STEM in workforce development is obscuring deeper, widespread challenges to employability relating to noncognitive skills associated with persistence and character, particularly for middle-skill occupations...more>>
The EvoLLLution: Building the Future of 'New Collar' Jobs with Digital Badging
With over 500,000 vacant jobs in the technology industry, it's critical to find ways to not only develop skills that are in-demand for careers that are high-paying, but to find new ways to recognize and certify the skills and competencies needed to succeed in New Collar jobs...more>>
Venture Beat: Udacity cuts 125 employees as part of global restructuring plan
Online education provider Udacity announced the layoff of 125 employees. The cut in staff will start today and continue over the course of early 2019 as part of an effort to reorganize the company and redefine its global strategy...more>>
Axios: This "coding bootcamp" is now accredited as a bachelor's program
Make School, a San Francisco startup that operates a two-year bachelor's degree in applied computer science, has been accredited by the Western Association of Schools and Colleges via a partnership with Dominican University of California...more>>
EdDive: Google retraining college-educated moms for tech jobs
The nonprofit MotherCoders is teaming up with Google to bring free tech training to mothers of all backgrounds in New York City through the city's Women.nyc initiative...more>>
TechCrunch: Amazon opens its internal machine learning courses to all for free
It's Cyber Monday and Amazon has one deal for its customers that's a little unexpected. The company just announced that it has made available, for free, the same machine learning courses that it uses to train its own engineers...more>>
EdSurge: Facebook Launches Courses to Help Adult Learners Skill Up
In its latest move in the education space, Facebook has launched career development courses geared toward adult learners looking to get a foothold in the digital economy...more>>
McKinsey: The new CFO mandate: Prioritize, transform, repeat
Amid a raft of new duties for CFOs, our survey suggests that finance leaders are well positioned to lead the C-suite agenda by championing transformations, digitization, and capability building...more>>
McKinsey: Seeing your way to better strategy
Viewing strategy choices through four lenses-financial performance, markets, competitive advantage, and operating model-can help companies debias their strategic dialogues and make big, bold changes...more>>
McKinsey: How leading CEOs manage their middle tenures
Five principles are useful in guiding CEOs in their third, fourth, and fifth years on the job...more>>
McKinsey: New technology, new rules: Reimagining the modern finance workforce
Innovations in technology and management practice are creating new opportunities for the finance function to add value to the business. Here's how finance teams will need to evolve to make the most of them...more>>
Colorado Sun: Guild Education's twist on college is working for cashiers, sales clerks and others who abandoned the idea of a college degree
Led by co-founder Rachel Carlson, Guild Education's modern approach to educating workers is fueling Denver startup's success story...more>>
HRDive: To survive a digital future, guide employees to own their learning
The market will leave behind those who think continuous learning is anything but a necessity, various experts say...more>>
LiveMint: Edtech startup Eruditus in funding talks to raise $40 million
Eruditus, an executive education service provider, is seeking to raise the funds in a Series C round led by Sequoia Capital India...more>>
Forbes: Why The Workplace Needs To Be A Place Of Continuous Learning
For executives grappling with the changes that automation and artificial intelligence (AI) will bring to the workforce, one of the biggest questions-and uncertainties-is about what it will take to help workers make the transition...more>>
HRDive: Managers think they're good coaches, but HR disagrees
A new survey from Betterworks reveals that managers' self-assessments on the quality of their coaching and feedback abilities differ from HR's evaluation of their skills...more>>
The EvoLLLution: Lack of Relevance the Largest Stumbling Block to Higher Ed's Success in Corporate Learning
The corporate training marketplace is incredibly lucrative. With an estimated $161 billion to $177 billion spent on corporate education each year in the United States alone, serving this market well is critical to the success of many postsecondary institutions...more>>
The 74: The Age of Retraining: How Employers Are Working to Upskill Employees and Stave Off the Rise of the Machines
When economists and editorialists speak in worried tones about America's "skills gap," they're referring to the mounting number of jobs that require some degree of technical know-how and the relative dearth of qualified candidates to fill them...more>>
Fast Company: These 4 myths about the skills gap will hold your company back
"If companies really want to help employees gain new skills, there has to be a basic understanding of what learning is really all about."...more>>
Education Week: What Has This Congress Actually Gotten Done on Education?
When the current Congress kicked off at the start of last year, there were a lot of education issues to tackle. So as the first two years of Congress during the Trump administration come to a close, what did the lawmakers accomplish and where did they come up empty?...more>>
Politico: House Democrats pile on to scrutinize DeVos
Committee leaders say they're eager to look at her treatment of for-profit colleges, student loan forgiveness and campus sexual assault...more>>