A few years ago, MOOCs—massive open online courses—were all the rage. Publications, Fast Company among them, wrote about new startups like Coursera, EdX, and Udacity that offered the promise of free learning and professional development to anyone in the world who wanted them. However, in 2015, many of these companies and their compatriots in the edutech space as a whole discovered an unfortunate truth: It’s damn hard to make money from MOOCs.
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Tags: business model • Companies • Strategy