Is There Money in Public Education? Yes, There Is
Do hedge funder managers and big investors like the Koch brothers and others invest just for the heck of it? No, they want to make money and lots of it. Public education is just that mother lode. From Education Week : It's already been a banner year for ed-tech startups , and we've only closed the first quarter. Ninety-nine startups in education have raised more than $500 million , a record in the past five years, according to TechCrunch , citing statistics from its CrunchBase database of technology companies, people, and investors. That compares to 20 companies raising more than $64 million during the same period five years ago. However, it's not the greatest number of companies to be funded in a given quarter. Over the past five years, that happened in the second quarter of 2013, when 120 companies raised a total of $319 million. (There's an interactive map in the article. In Seattle, there's a company called Actively Learn - ...