For the first time in the history of education, young teachers entering the field are people who have grown up with the Internet (even though, for a long time, it was AOL’s version of the Internet. Still counts.). That’s kind of an obvious statement, but its implications shouldn’t be overlooked.
That was the takeaway from a conversation I had with Tim Brady and Geoff Ralston, founders of education tech accelerator Imagine K12. The incubator this week announced raising a new fund for its startup companies. The capital came from Y Combinator founder Paul Graham, Yahoo cofounder David Filo, Angela Filo, LinkedIn CEO Jeff Weiner, Chegg CEO Dan Rosensweig, NewSchools Venture Fund, and GSV Asset Management. Through it, $80,000 convertible notes will be doled out to each of Imagine K12’s 39 startups, on top of the $14,000 to $20,000 they originally received.
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