Education Investor and Technology Expert Available for Comment on 2U and Online Learning Market
Leader of Entangled Group, veteran education investor Nick Hammerschlag available for interview on 2U market correction
NEW YORK CITY - On Wednesday, online program development company 2U held its quarterly earnings call to announce a significantly lower expectations for growth, triggering a sell-off that ended in a 65% drop in stock price. An expert in education and technology venture capital investing, M&A and market valuation, Nick Hammerschlag is available to comment on the trends that caused the market correction in 2U's stock--and offer analysis on how increased competition from other companies and shifting power dynamics will affect the growth of the online education market.
Hammerschlag is the president of edtech venture studio Entangled Group, a former investment professional at growth equity General Atlantic, and an early investor in Instructure, who today serves as a board member and advisor to numerous education technology companies.
Contact: media@entangled.group
The Entangled Group is a venture studio pioneering an entirely new approach to the development and scale of education and workforce technology that blends investing, company-building and consulting. As an evolution of the venture capital model, our venture studio approach enables us to not only invest seed capital, but actually launch and operate our own businesses directly aligned with the needs of the education ecosystem. Our company creation efforts are focused on helping the education ecosystem accelerate its transformation from its roots in the industrial economy to optimizing for a knowledge economy and the future of work.
/PRNewswire -- Aug. 2, 2019/
SOURCE Entangled Group
