Skeptical. I doubt it will achieve the same social value that Zynga has. by Feb 2
"About 40,000 students in 21 states receive their public school education through Connections, though none of its virtual public schools are in Maryland.
Nationwide, about 250,000 students are enrolled in full-time online public school programs, according to Susan Patrick, president of the International Association of K-12 Online Learning, a trade group representing education companies.
The numbers are still small compared with the nation's total K-12 student population of 50 million, Patrick said." by Dec 19
"In addition to Educate Inc., other Baltimore education firms with ties to Sylvan include Laureate Inc., which runs for-profit international universities in 28 countries; Prometric Services, which offers student testing and assessment in more than 160 nations and is now part of ETS; and Walden University, an accredited online university that has graduated nearly 50,000 students from more than 120 countries.
The companies are all privately owned and do not release
financial figures." by Dec 19
"In the heady days of the Internet bubble more than a decade ago, Baltimore's startup scene was fueled by a $500 million venture capital fund and an incubator focused on education and technology.
The fund was Sylvan Ventures, the investment arm of Sylvan Learning Systems, a tutoring center business that's now part of Baltimore-based Educate Inc. Sylvan seeded a bunch of small companies. Some failed, some flourished.
Connections Education, now a $200 million-a-year firm, was among those that flourished. Its majority owner was Apollo Management, a New York-based private-equity investment firm." by Dec 19
"The $400 million purchase of a local education technology startup by a British company this fall is the latest sign that the region is successfully producing firms that develop cutting-edge technologies for schools or seek to transform them entirely.
The purchase of Connections Education Inc. by Pearson PLC, a London-based education publishing conglomerate and owner of the Financial Times newspaper, was also among the biggest acquisitions of a Baltimore company in years. Private investors did not disclose returns but said they were pleased by the deal." by Dec 19
"MIT is announcing that for the first time it will offer credentials – under the name 'MITx' – to students who complete the online version of certain courses, starting with a pilot program this spring." by Dec 22
"It's not just about amassing human capital to maximize your employability or workplace effectiveness. Another set of startups is emerging that is focused on skill building and life change outside of work. Startups like DailyPath, MightyBell and Obvious Corp-backed Lift could be described as instrumenting self-actualization through social software.
Whether at work or in life, there is a continuum of skill levels that we all can be understood within; you could say it goes from "low task," in which people must be told what to do and how to do it, to "high task" circumstances in which people are capable of being given a general direction and then figuring it out on their own. We probably all sit in different places in that continuum in different circumstances in our lives." by Dec 24
"Treehouse is a subscription site where you can view videos about and acquire skills in web and mobile application design and development. Founder Ryan Carson says a number of factors have contributed to his startup's rapid early growth.
OpenSesame aggregates training content from more than 100 providers with 10,000 different courses. "We're creating Amazon.com for courses," Turnbull says. "And many of the content creators are individuals who didn't previously have access to the corporate market. It's also a chance to make education more affordable and broadly available." by Dec 24