Utterly Meaningless » Blog Archive » ONE BORN EVERY MINUTE

    Filed at 10:00 am under by dcobranchi

    ONE BORN EVERY MINUTE Bennett’s K12 company has just secured $20M in venture funding by, at least in part, playing on the 1.7 million homeschoolers who are the “market.”

    [VC] Miller said the deterioration in the quality of public schools, the fiscal crises in many states, the desire of parents to play a bigger role in education, which includes nearly 1.7 million students being home-schooled, are all factors stoking demand for K12’s program.

    It’s not homeschoolers who are using the very expensive K12 program. Instead, it’s the tiny market of cyber-schoolers. Suckers!

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