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This 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 online)2) 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 Ventures)4) 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 2022)2) Ellucian bought CampusLogic)3) Modern Campus bought SignalVine)4) School Loan Provider Navient Lost a $1.85B Lawsuit)5) Chinese language Edtech Lingoace completed a $100M funding round)
