Daily updates of news, research and trends by UPCEA
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Wednesday, June 8, 2016
Ed tech investment is down, but what does it mean for colleges? - Tara García Mathewson, Education Dive
Education technology startups have been flush with cash in recent years, thanks to enthusiastic investors ready to “disrupt” higher education, but 2016 has brought a slowdown to the sector that is sure to impact colleges and universities. The Chronicle of Higher Education reports higher ed leaders can expect fewer free or low-cost trials, as well as pitches from companies offering new, innovative products or services — though career services and learning analytics arenas are still growing. The startups that survive in a shrinking market with disruptive business models may present greater threats to traditional higher education because they will prove their strength, like Udacity, which is now valued at more than $1 billion.
http://www.educationdive.com/news/ed-tech-investment-is-down-but-what-does-it-mean-for-colleges/420139/