"The proceeds of the acquisition will be used by a nonprofit led by Harvard and MIT that will focus on closing the learning and opportunity gap through the development of new partnerships, digital tools, and strategies. The nonprofit will devote... — read more
BYJU?
Being acquired by an Indian edtech? https://seekingalpha.com/news/3839370-chegg-2u-jum-after-report-of-takeover-talks-with-indias-byju
Indian Buyer?
Byju-2U or Chegg? A marriage made in ... https://seekingalpha.com/news/3839370-chegg-2u-jum-after-report-of-takeover-talks-with-indias-byju
And the worst is yet to come...
https://www.forbes.com/sites/dereknewton/2022/05/16/its-been-a-brutal-year-for-public-education-companies/amp/
2U Musings
I wonder if Cathie W ever read The University of Tomorrow Land.
"2U continues consumer-centric pivot as Q1 losses widen"
"Those trends caused the company’s net loss to widen to $125.8 million, almost tripling from $45.6 million in the first quarter of last year. " https://www.highereddive.com/news/2u-continues-consumer-centric-pivot-as-q1-losses-widen/623339/ — read more
2U gets off easy in GAO report
A complete nothing burger. GAO was well aware of the abuses...
Mark your calendars
June 8th, 3PM EST for the Annual Shareholders Meeting. https://seekingalpha.com/filing/6379619 www.virtualshareholdermeeting.com/TWOU2022
Where's Chip?
Staying low profile ahead of the GAO report?
Did anyone hear the Earnings Call?
Here are the numbers https://seekingalpha.com/filing/6263025
Are ROIs for online degrees as great as those for the physical site?
What would happen if people knew the truth about 2U programs and ROI? https://www.insidehighered.com/views/2022/03/29/how-improve-outcomes-data-online-programs-opinion
Howard MSW?
Is this program another one that will face scrutiny?
2U and College Meltdown 2.0
"More importantly, College Meltdown 2.0 involves online program managers (OPMs) that service elite schools (2U), regional universities (Academic Partnerships), and subprime robocolleges (Zovio-University of Arizona Global and Grahan... — read more
For Prospective 2U Investors Only...
Theme music please... https://www.youtube.com/watch?v=QK8mJJJvaes&feature=emb_logo
Uncle Bruce
Is Uncle Bruce as nice as Aunt Cathie used to be? I'm guessing not. https://www.sec.gov/Archives/edgar/data/0001459417/000090266422001491/p22-0675sc13g.htm https://www.insidermonkey.com/hedge-fund/greenvale+capital/1068/
Who gets thrown under the bus?
We may see some positive bounces in the share price--but change is needed. CP is really to blame but will the Board pull the trigger on him like Laureate did with Doug? Ok, so who gets thrown under the bus?
Aunt Cathie
CW took out 1/3 of her ARK holdings in 2U. 4 million shares sold. https://fintel.io/so/us/twou
Insider insights into 2Us crumbling balance sheet?
Do you have insider insights into 2Us crumbling balance sheet after today's earnings call? Contact CNBC here: https://www.cnbc.com/news-tips/ or here: cnbctips@nbcuni.com. CNBC is discrete and will not share your information with anyone outside of... — read more
Colleges not going with luctrative Revenue Sharing contracts?
CP was pretty defensive about the Revenue Sharing contracts. Done with the savage deals? Which colleges are deciding not to re-sign?
Earnings Call.
2022: What's a $225 million projected loss between friends?
This doesn't look good
What's with the 2U-USC EdD advertising blitz on LinkedIn? Doesn't 2U know this can and likely will be used as evidence?
What 2U can learn from the collapse of University of Phoenix
https://www.highereducationinquirer.org/2022/01/how-university-of-phoenix-failed-its.html
"EdTechX Stories"
Just in case you missed this... https://www.youtube.com/watch?v=pWwDiBSlc8Q
Senator Warren...again
...along with Senators Sherrod Brown (OH) and Tina Smith (MN). Answers due January 29, 2022. https://www.warren.senate.gov/imo/media/doc/2022.01.14%20Follow%20up%20letter%20to%20Online%20Program%20Managers%20(OPMs)_.pdf
"Online Program Management Firms Are Thriving. And These Democrats Want Answers."
https://www.chronicle.com/article/online-program-management-firms-are-thriving-and-these-democrats-want-answers
About the USC deal...
https://www.youtube.com/watch?v=Gmq4WIjQxp0
2U's friends at Guild Education
https://www.bloomberg.com/features/2021-free-college-through-tuition-assistance-guild/ https://www.highereducationinquirer.org/2021/04/guild-education.html
Tips on 2U? E-mail WaPo!
Do you have insider tips about questionable practices at 2U? E-mail WaPo journalists here: tellus@washpost.com. All tips are confidential. WaPo does not pay for information.
UNC’s $97 Million Plan to Reach Adult Online Learners
What does this mean for 2U? "University of North Carolina will create an internal unit to build and manage online programs from the system’s 17 campuses for learners largely ignored by many... — read more
Another 2U sell off ahead?
"Stock investors purchased 4,157 put options on the company. This is an increase of 434% compared to the typical volume of 779 put options." https://www.marketbeat.com/instant-alerts/nasdaq-twou-options-data-report-2021-12/ Share price of $21.34... — read more
In re 2U, Inc.
How does this not sound like a Ponzi scheme? "2U's central narrative to investors was that, although its business was not yet profitable, it had expanded rapidly and would continue to do so, with sustained annual revenue growth exceeding 30 percent... — read more
How exactly does 2U make money with edX?
Ending institutional fees, making investments--so where is the profit made?... — read more
"2U: This Story Has Compounding Problems"
"For 2U (TWOU), however, I become even more nervous that the company is going to zero as it continues to fall. " https://seekingalpha.com/article/4469207-2u-this-story-has-compounding-problems
Interesting Shareholder Mix (ARK Investments)
Some interesting characters own large chunks of 2U, including ARK Investments. Looks like maybe they are losing "faith" in the disruptive powers of 2U. ... — read more
The big squeeze?
"Overall, we're demonstrating scale and increased efficiency. Revenue per employee increased." https://seekingalpha.com/article/4467704-2u-inc-twou-ceo-chip-paucek-on-q3-2021-earnings-call-transcript
You know what's worse than an expose in the Wall Street Journal?
A -$60 million quarter. https://www.sec.gov/ix?doc=/Archives/edgar/data/1459417/000145941721000014/twou-20210930.htm
USC Pushed a $115,000 Online Degree. Graduates Got Low Salaries, Huge Debts (Wall Street Journal)
Anyone think there will be a clawback? https://www.wsj.com/articles/usc-online-social-work-masters-11636435900?mod=djemwhatsnews
Former 2U CEO JK at Future Trends Forum, Thursday, November 11, from 2-3 PM EST
What can technology do for higher education? This week the Forum meets with an extraordinary entrepreneur to dive into this question. The founder of Noodle, 2U, and The Princeton Review, will join us for an exciting... — read more
Exit costs?
What are the exit costs for a school to get out of a contract early?