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2021-05-13

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EdTech Company Coursera To File For IPO On Friday: Report

Online education provider Coursera is planning to file paperwork on Friday for its initial public of

EdTech Company Coursera To File For IPO On Friday: Report

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The company’s investors include Kleiner Perkins, New Enterprise Associates, Learn Capital, and SEEK Group.</p><p>According to Coursera’s website, more than 200 universities and industry educators around the world partner with Coursera to offer courses, specializations, certificates, and degree programs.</p><p><b>Why It Matters:</b>&nbsp;Online education has boomed amid the pandemic as people who have lost jobs learn new skills to shift to new careers. Schools and colleges also shifted to remote learning due to pandemic-induced lockdowns.</p><p>Edtech companies are increasingly pursuing plans to go public amid favorable market conditions. 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The company’s investors include Kleiner Perkins, New Enterprise Associates, Learn Capital, and SEEK Group.According to Coursera’s website, more than 200 universities and industry educators around the world partner with Coursera to offer courses, specializations, certificates, and degree programs.Why It Matters: Online education has boomed amid the pandemic as people who have lost jobs learn new skills to shift to new careers. Schools and colleges also shifted to remote learning due to pandemic-induced lockdowns.Edtech companies are increasingly pursuing plans to go public amid favorable market conditions. Another education startup Udemy may also go public this year.Nerdy Inc.saidin late January that it has entered into an agreement to become a public company through a business combination withTPG Pace Tech Opportunities Corp.PACE 2.57%, a publicly-traded special purpose acquisition company or SPAC.","news_type":1},"isVote":1,"tweetType":1,"viewCount":88,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":6,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}