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Edtech Earnings Roundup: How 2U, Chegg, Instructure and Pluralsight Fared in Q2 2019

Edsurge

Chegg The numbers: For the second quarter, ended June 30, Chegg reported an adjusted EBITDA of $31.1 Later this year, Chegg will start testing a bundled product that includes its Study, Math Solver and EasyBib Plus products for a substantial subscription discount, fully deploying the bundle in 2020. Chegg now has about $1.1

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With No Study Buddies, More College Students Turn to Cheating

Edsurge

Joseph Ching, a junior at Purdue University, says many of his professors have warned students not to use sites like Chegg, where students are posting homework and quiz questions and getting answers from tutors. I reached out to Chegg, and sure enough, business there is booming. Students pay for a subscription of $14.99

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Public Edtech Companies Have Been Rare. These SPACs Will Change That.

Edsurge

That leaves 2U, Chegg and Stride (formerly known as K12 Inc.) He was an early investor in Chegg, which went public in 2013 and whose stock more than doubled in 2020. In the next 24 months, you’re going to see more public companies in the digital learning space,” Moe predicts. public market.

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Why I'm Still Bullish About the State of Edtech

Edsurge

Chegg (NYSE: CHGG) is down 43.8 We wouldn’t be surprised if 2U or Chegg were taken private in the next year, since both companies have strong fundamentals and exceptional human capital. LMS and Digital Learning topped the hype cycle in 2001 (a few years before Blackboard went public). Skillsoft (NYSE: SKIL) is down 50.8

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Adapting to the ChatGPT era in education

eSchool News

Companies like Chegg have become multi-billion dollar platforms , which is mainly attributable to students seeking on-demand access to textbook and exam answers. The cheating-related concerns are warranted, but many appear to overlook a key point: students opting to cheat on homework, essays, or exams is not a new phenomenon.

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Some Professors Fight Study-Help Sites. Other Professors Now Use Them.

Edsurge

At about the same time, though, Rutgers officials sent out an email to all faculty at the university, warning about Course Hero and another service, Chegg, where students were posting faculty tests and exams without permission. “We One of the other giants of the study-aid world, Chegg, has also come under criticism by professors.

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Duolingo IPO Shows Investors Think Edtech Is Still Growing.

Edsurge

It’s got an effective mobile app that really changes the context in how people access language, a critical mass in consumer interest in learning applications and since the pandemic hit, it put edtech into the minds of investors as a real investable category,” says Trace Urdan, an edtech analyst and managing director at Tyton Partners.

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