This Week in Edtech with Ben Kornell, 1/14/22

Send us a textThis Week in Edtech, we focus on 1) Labor Shortages and COVID Contingency Plans- California Community Colleges Go Online, along with most UC Campuses and Duke- Staff shortages led to Louisville's school district going back online2) Edtech VC Firm Owl Ventures Launches 3 Edtech Funds worth over $1B - Crunchbase- WSJ- Economic Times (India)3) Y Combinator Announced It Would Offer $500K to Companies- This raises the bar for early stage funding- New Edtech Accelerators are popping up, like ODX, Workshop Venture Partners, Blue Meridian and  Sesame Ventures4) Around the World - Europe: Edtech unicorn GoStudent became the highest valued Edtech in Europe with a $300M+ Round- China: New Oriental Revealed 60,000 Layoffs and 80% Revenue Loss (Bloomberg)- India: Inc42's Yearly report came out reporting $4.7 Bn in Indian Edtech investing5) The GSV Edtech 150 was released.NOTE: After this episode was recorded, a few more interesting developments occurred:1) Indian edtech LEAD became the first Unicorn of 20222) Ellucian bought CampusLogic3) Modern Campus bought SignalVine4) School Loan Provider Navient Lost a $1.85B Lawsuit5) Chinese language Edtech Lingoace completed a $100M funding round

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