2U, the online service provider that went public in the spring, just released its financial report for the first full quarter of operations as a public company. The company beat estimates on total revenue and also lost less money than expected. Overall, it was a strong performance (see WSJ for basic summary or actual quarterly […]
IPO
Links to External Articles and Interviews
Last week I was off the grid (not just lack of Internet but also lack of electricity), but thanks to publishing cycles I managed to stay artificially productive: two blog posts and one interview for an article. Post at 20MM on Textbook Preference Report: It’s Difficult to Prefer What You Can’t Access Last week brought […]
Clarifications on UF Online Payments to Pearson Embanet
I wrote a post over the weekend that included information from the Gainesville Sun about the University of Florida Online (UF Online) program and its expected payments to Pearson Embanet. Chris Newfield from Remaking the University also wrote on the subject today. Chris raises some very important issues in his post, including his point: Universities […]
Embanet and 2U: More financial insight into Online Service Providers
While I have written recently about UF Online and 2U, there is actually very little insight into the operations and finances of the market segment for Online Service Providers (OSP, also known as School-as-a-Service, Online Program Management). Thanks to 2U going public yesterday and the Gainesville Sun doing investigative work on UF Online, we have […]
2U’s Upcoming IPO: Filing estimates $533 million company value
One month ago 2U filed its registration for an IPO in 2014. 2U is an online service provider that helps traditional universities develop fully-online programs, currently based on 9 customers at the master’s level (see here for summary of revenue per student and per customer). On Monday the company set the terms for the IPO, […]
Four numbers to consider from 2U’s IPO filing
With the emergence of large-scale MOOCs over the past few years, it has become common to hear discussions of online education in terms of access and scale – access to low or no cost courses and scale of tens or hundreds of thousands of students. Of course MOOCs are but one form of online ed, […]
2U registration for IPO offers insight into Online Service Provider market
One of the biggest growth areas in education has been the Online Service Provider market. Alternatively known as Online Education Service Provider (OESP), School-as-a-Service, or Online Program Management (OPM), this market offers services to traditional colleges and universities that are creating online programs. In August I listed the LMS used by the top OSP providers, […]