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You'll never guess this one weird business trick
@microverseinc microverse uses (https://techcrunch.com/2019/08/20/here-are-the-82-startups-that-launched-on-day-2-of-ycs-s19-demo-days/ …)pic.twitter.com/p8TnI6LKUp
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It's not clear how easy it will be to grow the business, especially since the overall size of the bootcamp market is around 20k students.
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Potential challenge ahead: retaining instructors, especially since it seems like common shareholders didn't benefit from the acquisition.
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We'll see how the acquisition impacts K12's stock price, which is not doing too well. A warning sign: in the earnings call K12 execs claimed that Galvanize growth was constrained due to a lack of capital. Not clear how true this is given the $167.5 investment.pic.twitter.com/WmaUOtJH85
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Here are my thoughts on the K12 ($LRN) acquisition of Galvanize. First, Galvanize raised $167.5M and was acquired for $165, so the people who invested likely overvalued the company.
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Christof Rindlisbacher proslijedio/la je Tweet
The big lesson is that this was all about pretending to do something about the potential pandemic, to be seen in control. It was never about actual health protocols. None of it made sense, but it made them look tough, and in control.
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v. Lambda's 2,700 students https://www.wired.com/story/how-we-learn-lambda-income-sharing-agreements/ … cc
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"More than 50,000 students have graduated from its programs; the company adds it is currently serving another 40,000 learners."https://www.edsurge.com/news/2018-04-15-general-assembly-to-be-acquired-by-swiss-hr-firm-for-412-5-million …
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Can we talk about how insane it is that
@austen thinks Lambda School is worth $1B? (cc@KateClarkTweets https://theinformation.com/articles/lambda-schools-growing-pains-big-buzz-student-complaints …) General Assembly was sold for $412.5M, and General Assembly has significantly more students than Lambda School does! (More students = more revenue).Prikaži ovu nitHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
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I am going to have a stroke. ISAs do not make education "free." It is absolutely insane how much misleading advertising exists around ISAs.pic.twitter.com/LEwLyOGCyr
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The idea that austen doesn't want to be a unicorn is not credible. What caused the deal to fall through?
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"Several venture capitalists told The Information that they’ve held conversations with Lambda in recent months about a new round of funding for the company at a lofty $1 billion valuation... though Lambda says it has no immediate plans to raise money."
https://www.theinformation.com/articles/lambda-schools-growing-pains-big-buzz-student-complaints …Prikaži ovu nitHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
Christof Rindlisbacher proslijedio/la je Tweet
Chinese super app Opera is accused of pushing predatory loans to consumers in Nigeria, Kenya and Indiahttp://qz.com/africa/1788351/
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Christof Rindlisbacher proslijedio/la je Tweet
Mind-boggling. 8 out of 11 sectors are at record valuations. Unparalleled to anything we’ve seen in the last 30+ years. The boom and bust cycle isn’t over.pic.twitter.com/jp83TunwlI
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Christof Rindlisbacher proslijedio/la je Tweet
This report we got hands on details the MbS hack of Bezos' phone—wild shit inside && now I'm wondering if THIS is going to be what it takes for MbS to get SOME pushback. Not killing a journalist or committing war crimes but hacking the world's richest manhttps://www.documentcloud.org/documents/6668313-FTI-Report-into-Jeff-Bezos-Phone-Hack.html …
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Christof Rindlisbacher proslijedio/la je Tweet
i said SNL sucks and the head writer got mad and me and, well, i wrote about ithttps://theoutline.com/post/8583/michael-che-feud-snl-jack-allison …
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