Edtech’s brightest are struggling to pass | TechCrunch (via @BenPatrickWill@mastodon.social)
Venture capital helped take #EdTech to "an entirely different stratosphere in 2020 and 2021, as the demand for remote learning skyrocketed. As demand grew, so did investor appetite".
But this massive boost in EdTech investment "forced an overspending and overhiring spree that now requires a correction", and VC-backed EdTech firms are cutting back hard.
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