A Boom Time for Education Start-Ups | Chronicle of Higher Education | #Edtech #hackedu

Is education in for another 1980s-style round of educational software that goes nowhere? The author says, “This is a clear sign of a bubble in education technology.” What do you think? Ride the bubble, or burst it?

Campus Entrepreneurship

Nick DeSantis of the Chronicle of Higher Education writes about the incredible surge in investing in education technology start-ups. While people in the article claim ‘this time is different, I am not so sure. (I was at the University of Chicago when a bunch distinguished professors created UNext.com during the late 1990s — BIG BUST just like the startup I joined in 1999). From DeSantis:

Investments in education-technology companies nationwide tripled in the last decade, shooting up to $429-million in 2011 from $146-million in 2002, according to the Na­tional Venture Capital Association. The boom really took off in 2009, when venture capitalists pushed $150-million more into education-technology firms than they did in the previous year, even as the economy sank into recession.

“The investing community believes that the Internet is hitting edu­cation, that education is having its Internet moment,” said Jose Ferreira, founder of the interactive-learning company Knewton. Last…

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About DrEMiller

Certified Zentangle Teacher (CZT). Home: Sint Maarten. K-12 teacher for 13 years (Special Education for 10 years); Post-secondary educator since 2002; Education consulting since 1995. When teaching, held teaching certificates in K-12 special education, reading specialist; and secondary social studies. Doctorate: Educational Psychology Programmer/analyst for 10 years, including project management and training of corporate execs.
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One Response to A Boom Time for Education Start-Ups | Chronicle of Higher Education | #Edtech #hackedu

  1. Pingback: The Future of Higher Education « A little bit of this, a little bit of that

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