The EdTech Episode #9
Career education, and particularly digital and technical skills, were in the spotlight again over the last month:
- Coursera announced a new feature allowing in-browser projects such as programming assignments (and made an acquisition in this space);
- Coding education and hiring startups were prominent in Y Combinator's most recent batch;
- Course Report estimated strong growth in the North American coding bootcamp market;
- There was the usual batch of fundraising announcements in this space, both from digital/code-focused companies, and also from L&D providers in other verticals (sales and call-centre staff).
At the same time, we also saw a reminder that even in sectors with strong demand, there are bumps in the road. The announcement of Udacity's new CEO came against the backdrop of previous restructuring, while the market punished 2U with a share price sell-off after it flagged a slowdown in growth.
Incidentally, I found it refreshing to see two fundraising rounds from EdTech companies in the humanities - one delivering music education, the other focused on calligraphy and poetry. It's a reminder that, like education, EdTech is a broad tent encompassing many kinds of knowledge.
- Peter Sahui