DISQUS

eduFire: The Best Place to Invest Your Money is…Online Learning?

  • Matt · 1 year ago
    I think your predictions are right. Online education is looking to be a huge market within the next decade. Scratch that, within the next five years.

    I believe this recent development stems from the echo boom. The throngs of children born from baby boomers are now growing up and entering the college market. This year, there will be more graduating HS seniors in history than ever before, competing ruthlessly for top-notch college acceptance letters. This competition breeds an arms-race, amongst HS parents and students, for consumer products that will give anyone a leg up.

    Not surprisingly, a host of test preparation startups, online education marketplace startups, and online school and college startups have sprung out of nowhere, competing for those dollars.

    Additionally, one interesting thing is the number of Indian-owned education startups out there. Tutorvista.com (as mentioned in the article), globalscholar.com, etc.

    Of the many startups looking to dominate this space, I would watch out for one in particular: PrepMe.com. They won a huge business plan competition back in 2005, which put them on the front cover of FORTUNE magazine. Plus, they've got a former Product Manager at Google working as their CTO, which undoubtedly helps them from an SEO and SEM angle. I think they're poised to surge to the front of this online education startup arms-race.
  • lead generation for mlm · 11 months ago
    In every institution or any department, those are working for next generation, they need up gradation on there system by the time past. It is necessary to include new things or new system for more success. Education is one of them.

    I like you article. Thank you very much
  • CFD Trading · 8 months ago
    I believe this recent development stems from the echo boom. The throngs of children born from baby boomers..........
  • CFD Trading · 3 months ago
    Education is always the best investment particularly when it comes to investing as to be a successful trader (shares, CFDs) you need to learn how to trade.