4 ms·
There seems to be a lot of edtech startups being sold to big companies right now. I’m guessing these are distressed companies that need to raise tons of money o
by gnicholas 3y ago
There seems to be a lot of edtech startups being sold to big companies right now. I’m guessing these are distressed companies that need to raise tons of money or find a buyer. Since the VC landscape has changed in light of the end of free money, they’re disproportionately being sold off.
I don’t blame the companies, though I’ve taken a bootstrapped strategy because I didn’t want to get stuck on the VC treadmill.