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French edtech startup iconoClass, which lets students pay when they have a permanent job contract, raises €3 million

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iconoClass announces an investment round of €3 million led by Brighteye Ventures and Mustard Seed Maze, and joined by business angels including Cédric Sellin, Josef Bovet (SumUp, ex Tiller) and Bruno Sola (Business). The funding will allow the young Parisian startup to accelerate its growth in France and in Europe, notably with the launch of its first London location scheduled for January 2022.

The iconoClass model is unique in France: with no qualification conditions, the school guarantees students a permanent job contract with one of its many partner companies at the end of the course. The partners, including Doctolib, Deliveroo, Spendesk, SumUp, etc. are all committed to integrating the students into their recruitment process and the school covers their tuition fees until they are hired.

Launched in 2019, iconoClass is one of the first schools dedicated to all business development careers. Created by and for salespeople, iconoClass delivers a four-month intensive training programme that emphasizes practice-based learning from professionals.

“By creating iconoClass, I wanted to offer excellent education to as many people as possible, regardless of educational background and financial means. We’re proud of our pioneering role in intensively training valued and well-paid professions such as business development. This funding will allow us to speed up our strike force at a time when student precariousness is becoming an economic and social emergency that must be resolved efficiently,” said Marie Taquet, Founder and CEO of IconoClass.

Through this funding round, iconoClass has 4 key priorities for accelerating the development and growth of its unique new-generation training model: opening in London for a January 2022 start; launching the iconoClass Tech Platform to deploy and develop online and English training courses; growing by 3 physical locations; and doubling its workforce.

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Source: https://www.eu-startups.com/2021/06/french-edtech-startup-iconoclass-which-lets-students-pay-when-they-have-a-permanent-job-contract-raises-e3-million/

EdTech

Vienna’s GoStudent raises $244M at a $1.7B valuation for its online tutor marketplace

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Online teaching came into the spotlight for many students and parents in the last year, and today one of the companies that saw a big lift during that rush of activity is announcing a big round of funding to carry it into what has emerged as a more permanent change of habits for many learners.

GoStudent, a marketplace where K-12 students (and their parents) can find and engage with one-to-one video-based tutors in a variety of subjects, has raised €205 million ($244 million), in a Series C round that values the company at €1.4 billion ($1.7 billion).

The funding is coming at a time of strong growth. The Vienna, Austria-based startup is now live in 18 countries and sees some 400,000 sessions booked monthly on its platform, up 700% year-on-year (and up 15% month-on-month). It says it is on track to double employees to 1,000 and reach 10,000 tutors by the end of this year. The plan is to expand to more countries — Mexico and Canada are next on the list — and to continue growing its lists of tutors and subjects covered.

“We now plan to be even more aggressive geographically and plan to invest more into the brand,” Felix Ohswald, cofounder and CEO, told TechCrunch.

(As a point of comparison, when it last fundraised in March, GoStudent was booking a mere 250,000 tutoring sessions over its platform.)

DST Global is leading the round, with SoftBank (via its Vision Fund 2), Tencent, Dragoneer and previous backers Coatue, Left Lane Capital and DN Capital also participating. Vienna, Austria-based GoStudent has raised €291 million to date, including a €70 million round only this past March and €13.3 million in a Series A this past November.

The rapid pace of funding and GoStudent’s rising valuation — this investment makes it the highest-valued edtech startup in Europe, the company said — comes amid a streak of funding rounds for edtech companies.

And that may be no surprise: online and other digital tools in the last year especially felt more relevant (and in many cases were used more) than ever before due to social distancing during the pandemic. (Other recent deals have included funding for Byju’s, Kahoot, Formative, Engageli, Lingoda, Brainly, ClassDojo, Newsela, and Yuanfudao, among many others.)

But in the case of GoStudent, it’s also because the startup itself is also doing an A+ job in scaling its concept.

The company has been around since 2016 — when it started out initially providing a network for people to help each other answer questions (similar to Brainly), as well as connect with tutors, and for tutors to organize classes — but it was only about 2.5 years ago that GoStudent started to focus more squarely on one-to-one tutoring.

GoStudent provides a fully-integrated service, which lets students and their parents select from a range of topics that are typically taught in schools — currently some 30 subjects, including sciences, math, computing, languages, history, business and more — that they can be tutored on generally or specifically with the aim of taking an exam.

Tutoring comes from people who are tested, vetted and interviewed by GoStudent before they can join the platform; and before engaging tutors, parents and students interview an individual tutor and go through a practice lesson as part of that.

Learning plans are then organized according to students’ schedules and what they are setting out to do (they can send over their homework, or chapters they’re studying in school or even a curriculum outline); and the classes, assessments and payments (based on packages booked), are all handled over the platform, too.

Although there are a number of ways of learning a subject over the internet today — and specifically a number of online-only direct tutoring platforms in the market now (including Brainly, Yuanfudao, and others) — Ohswald said that by and large GoStudent’s biggest competition is the bigger in-person business of teaching, and of students and tutors connecting with each other through word of mouth — the “offline shadow market of tutors,” as he calls it.

All the same, while there are tech tools involved in provisioning and running lessons, at its heart GoStudent is also still about humans connecting to help each other, rather than humans connecting with computer programs.

Interestingly, its founders believe that the Covid-19 pandemic effect was not uniformly positive for its business.

“The pandemic had mixed effects,” Ohswald said. “On the one hand there was a natural demand from kids and parents. But with the schools closed, there was less pressure, less exams, less demand for after-school study. That aspect had a negative effect. But more broadly, there was a BIG boost for digital education. So the mindset of the parent and family drastically shifted.”

He noted that many families turned to tutoring to help “support the kids at home, to help them to stop being overwhelmed.” (And I would add, especially in the first part of the lockdown last year when schools were scrambling a little to regroup and teach online, that as a parent, we found it a relief to have at least some consistency with private tutors online at that time.)

What that means, essentially, is that while GoStudent did well in the last year, the company does not want to tie its growth to a specific set of pandemic circumstances that may well become less of an issue in the year ahead.

Indeed, for better or worse, there are bigger factors at play that predate the pandemic. Increasing pressure on students to perform their best competing against others, a continuing focus on testing, and a general level of academic ambition; but also a much easier and cheaper way of finding and connecting with people who can help students feel more supported in their efforts: all of these are also playing a role.

“GoStudent is one of the fastest growing companies that we have ever backed. The company has grown 800% in terms of revenue and 70x in terms of value since 2020 and we are convinced that this is just the beginning,” Nenad Marovac, founder and managing partner, DN Capital, told TechCrunch. “We believe that GoStudent can become one of the top digital schools in the world. By leveraging technology GoStudent democratizes quality education to all at affordable prices.”

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Source: https://techcrunch.com/2021/06/21/viennas-gostudent-raises-244m-at-a-1-7b-valuation-for-its-online-tutor-marketplace/

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EdTech

Basic SAT Exam Details and Available Preparation Options such as Certbolt Practice Tests

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The SAT test is the national standard in assessing the students’ critical writing, reading, logical reasoning, and analytical reasoning skills. If you want to ensure your utmost preparedness, it is very important that you know exactly what to expect in this exam before attempting it. Below are specific details of the SAT itself and the most recommended preparation options, so let’s cover these details.

Basic information about SAT

The SAT is an entrance Test used by most establishments to make admission decisions. It is a pencil-and-paper multiple-choice exam created by the College Board, which also administers it. The test consists of 4 sections: Writing and Language, Math (both no calculator and calculator options), Reading, and an optional Essay part that normally takes approximately 50 minutes. Let’s look closely at these important parts.

  • Writing & Language

This section tests your vocabulary, grammar, and editing skills. It consists of 44 multiple-choice questions that should be answered within a period of 35 minutes.

  • Reading

This section lasts 65 minutes and evaluates one’s reading comprehension of passages as well as pairs of passages covering social science, historical documents, natural science, and fiction. There are 52 multiple-choice questions in it.

  • Math

This section is focused on Trigonometry, Algebra I & II, and Geometry. This portion consists of 58 multiple-choice questions (38 with no calculator allowed and 20 with calculator allowed). The candidates have 80 minutes to answer these questions (55 and 35 minutes respectively).

  • Essay

As mentioned earlier, this section is optional. However, it is highly recommended that you complete it because many colleges and universities are often eager to how you express yourself in writing. This part is allocated for 50 minutes.

Preparation options for SAT

There are different preparation solutions for every budget and every student. All you need to do is choose the one that best fits you. Basically, the prep options available for the Certbolt SAT applicants are live classes, online courses, self-study, and private tutoring.

If you are on a budget and you trust your ability to be able to follow a study plan, then self-study can be your best choice. You can collect guides, books, and practice tests among other free resources such as online lectures and exam dumps to use for your preparation process. If money is not the problem, then live classes are a great option. Here, the learners are taken through a rigorous curriculum, which covers all the question types in a systematic way. It is generally easier to focus more in a close-knit classroom with a qualified instructor. Private tutoring is another choice of many individuals. For more visit https://www.examsnap.com

This option differs from live classes because there are no other students apart from you during tutoring sessions. Last but not least, you can opt for online courses. You can identify a test prep company that is reputable for its professional courses and valid dumps and other tools, including video tutorials and certbolt practice tests.

Conclusion

The main purpose of the Certbolt SAT is to simply measure the readiness of a high school student. The test is important because it provides colleges and universities with one common data pint, which can be used in comparing the applicants. Its scores are very essential. So, you need to work hard to get the best result. The higher the SAT score, the more options will be available to you for paying and attending college.

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EdTech

Owning the paycheck is the key to fintech success

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Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

This week, Natasha and Danny, otherwise known as your two new favorite Book influencers (inside joke, you’ll get if you listen to the show), hopped on the mics to take everyone through the news, with Grace and Chris in the background.

Here’s what we got into:

Well, as you can tell, it’s been a busy writing and speaking week for your humble hosts. We’re grateful for the opportunity, and will be back in your ears on Monday.

Equity drops every Monday at 7:00 a.m. PST and Thursday afternoon as fast as we can get it out, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts.

P.S. We can’t wait to see you all at our live show next week. If you haven’t grabbed free tickets, GET THEM!

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Source: https://techcrunch.com/2021/06/18/fintech-2021-paycheck/

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EdTech

How to Add Emoji to Google Drive Files and Folders

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How to Add Emoji to Google Drive Files and Folders | Shake Up Learning



























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Source: https://shakeuplearning.com/blog/how-to-add-emoji-to-google-drive-files-and-folders/

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