Why Education Startups Do Not Succeed « Avichal's Blog. I co-founded PrepMe in 2001.
We were one of the first education companies online and the first purely online, personalized platform. We were acquired in 2011 by Providence Equity-backed Ascend Learning. In the last month, I’ve had 3 VC firms bring me in to chat with their partnership about education and 6 independent entrepreneurs reach out to me about their new education startup. Sharing by design. Lessons Learned. TechCrunch. Tech News | Innovation News | Money News. The Next Web - International technology news, business & culture.