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Education Revolution
Looking to make a little extra Lira? Increasing evidence points to online education as a way to do this. Maya tips me off to an article published on BloggingStocks.com over the weekend about Apollo Group, the parent company of the University of Phoenix.
With the stock market down 11% from ... Continue reading »
With the stock market down 11% from ... Continue reading »
1 year ago
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.
5 months ago
I like you article. Thank you very much
2 months ago