2U (company)






































































2U, Inc.
Formerly
 2tor, Inc.
Type
 Public
Traded as
NASDAQ: TWOU
Founded 2008; 10 years ago (2008)
Headquarters
Lanham, Maryland, U.S.
Area served
 Global
Key people

  • Paul A. Maeder

  • (Chairman of the Board)

  • Christopher J. Paucek

  • (CEO)

  • Catherine A. Graham

  • (CFO)
Services Educational technology
Revenue IncreaseUS$ 286.75 million (2017)
Operating income
 DecreaseUS$ -30.14 million (2017)
Net income
 DecreaseUS$ -29.42 million (2017)
Total assets IncreaseUS$ 482.06 million (2017)
Total equity IncreaseUS$ 387.83 million (2017)
Number of employees
 1,922 (2017)
Website 2U.com

Footnotes / references
[1]

2U, Inc. (formerly 2tor Inc.) is an educational technology company that partners with leading nonprofit colleges and universities to offer online degree programs.[2][3][4][5] The company supplies its partner universities with a cloud-based software-as-a-service platform coupled with a suite of technology-enabled services, including coursework design, infrastructural support and capital to deliver instruction to students. 2U was founded in 2008 by John Katzman (founder of The Princeton Review). Co-founders include Chip Paucek (former CEO of Hooked on Phonics) and Jeremy Johnson; Paucek remains with the company as CEO.


In May 2012, Forbes named 2U as one of the "10 Start-Ups Changing the World.[6]" In 2014, Inc. Magazine named 2U one of "10 Tech Companies Helping Humanity.[7]"


The company went public on March 28, 2014, and raised $119 million by offering 9.2 million shares at $13 per share.[8] 2U is traded on NASDAQ under the ticker symbol TWOU.


Prior to its IPO, the company was venture-backed and raised $96 million. Investors included Bessemer Venture Partners, Highland Capital Partners, Redpoint Ventures, Novak Biddle Venture Partners, City Light Capital, SVB Capital and WestRiver Capital.[9] In September 2017, It was reported that, Rani Hammond joined 2U as Chief People Officer.[10]


As per September 2018, the net worth of the company raised to $4.7 Billion.[11]



Business Model


2U does not confer or offer any degrees.[12] It provides its university partners with cloud-based software-as-a-service solutions to create online degree programs that feature live video classes, as well as an e learning platform that allows for close interaction between students and professors. The approach also includes a focus on student outcomes with small class sizes, career services, and field placements. This approach has led to a student retention rate of 84 percent.[13] Students pay standard tuition, but instead of going to class once a week, they meet in a live video chat room with the professor and the other students.[14]
2U signs long-term contracts, averaging between 10–15 years in length, with each of its partner universities. Contracts include a revenue sharing agreement between 2U and the school.[15]
Course content is also enhanced for mobile devices.[16]


2U's "Semester Online" consortium of undergraduate universities included: Boston College, Brandeis University, Emory University, Northwestern, The University of Melbourne, Trinity College of Dublin, University of North Carolina at Chapel Hill, University of Notre Dame, Wake Forest University, and Washington University in St. Louis.[17] The consortium was initially marketed as a platform for top-tier universities to offer online courses to paying students at participating universities. The company announced in April 2014 that Semester Online would end in the summer of 2014.[18]



References





  1. ^ "US SEC: Form 10-K 2U, Inc". U.S. Securities and Exchange Commission. Retrieved March 10, 2018..mw-parser-output cite.citation{font-style:inherit}.mw-parser-output q{quotes:"""""""'""'"}.mw-parser-output code.cs1-code{color:inherit;background:inherit;border:inherit;padding:inherit}.mw-parser-output .cs1-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/6/65/Lock-green.svg/9px-Lock-green.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-lock-limited a,.mw-parser-output .cs1-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/d/d6/Lock-gray-alt-2.svg/9px-Lock-gray-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/a/aa/Lock-red-alt-2.svg/9px-Lock-red-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration{color:#555}.mw-parser-output .cs1-subscription span,.mw-parser-output .cs1-registration span{border-bottom:1px dotted;cursor:help}.mw-parser-output .cs1-hidden-error{display:none;font-size:100%}.mw-parser-output .cs1-visible-error{font-size:100%}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration,.mw-parser-output .cs1-format{font-size:95%}.mw-parser-output .cs1-kern-left,.mw-parser-output .cs1-kern-wl-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right,.mw-parser-output .cs1-kern-wl-right{padding-right:0.2em}


  2. ^ "2tor gets $10M credit line - Washington Business Journal". Bizjournals.com. 2012-04-18. Retrieved 2012-05-03.


  3. ^ Alyson Shontell, provided by (2012-04-18). "There Are A Million Education Startups And No One To Acquire Them". Sfgate.com. Retrieved 2012-05-03.


  4. ^ Heather R. Huhman (2012-04-11). "The Future Of Education: How 2tor Is Helping America's Great Universities Go Online - Business Insider". Articles.businessinsider.com. Retrieved 2012-05-03.


  5. ^ Bolshaw, Liz (2012-04-16). "Out of sight but not out of mind in the virtual world". FT.com. Retrieved 2012-05-03.


  6. ^ Pozin, Ilya. "10 Startups Changing the World And What We Can Learn From Them". Forbes.com.


  7. ^ Kerpen, Dave. "10 Tech Companies Helping Humanity". Inc.com.


  8. ^ Flook, Bill. "2U goes public, rings opening bell on NASDAQ". Baltimore Business Journal.


  9. ^ "Online Higher Education Gets a Raise as 2tor Secures $26 M. in Series D Funding Round". Betabeat. 2012.


  10. ^ "BRIEF-Rani Hammond to join 2U as chief people officer". Reuters. 2017-09-13. Retrieved 2017-10-13.


  11. ^ Gara, Antoine. "Ivory Tower In The Cloud: Inside 2U, The $4.7 Billion Startup That Brings Top Schools To Your Laptop". Forbes. Retrieved 2018-10-02.


  12. ^ "What's Ahead for 2U?". fool.com. Motley Fool. Retrieved 2014-11-19.


  13. ^ Lapowsky, Issie. "The Future of Online Education Is on Campus". Inc.com. Retrieved 19 November 2014.


  14. ^ Burke, Adrienne. "$97,500 for an Online Degree? 2U Is Worth It, Say Students". Forbes.com. Retrieved 19 November 2014.


  15. ^ "IPO Preview: 2U". Seeking Alpha. Retrieved 19 November 2014.


  16. ^ Greenberg, Molly. "2U Releases Mobile Apps, Making it Easier For Students to Access Online Course Content". Inthecapital.com. Retrieved 19 November 2014.


  17. ^ "Universities". 2U, Inc. Retrieved 24 September 2013.


  18. ^ Straumsheim, Carl (3 April 2014). "2U Ends Semester Online". Inside Higher Ed.




External links



  • Official Website




    • Business data for 2U, Inc.: Google Finance

    • Yahoo! Finance

    • Bloomberg

    • Reuters

    • SEC filings










Comments

Post a Comment

Popular posts from this blog

Information security

Image
This article is part of a series on Information security Related security categories Internet security Cyberwarfare Computer security Mobile security Network security Threats Computer crime Vulnerability Eavesdropping Malware Spyware Ransomware Trojans Viruses Worms Rootkits Bootkits Keyloggers Screen scrapers Exploits Backdoors Logic bombs Payloads Denial of service Defenses Computer access control Application security Antivirus software Secure coding Secure by default Secure by design Secure operating systems Authentication Multi-factor authentication Authorization Data-centric security Encryption Firewall Intrusion detection system Mobile secure gateway Runtime application self-protection (RASP) v t e Information security , sometimes shortened to InfoSec , is the practice of preventing unauthorized access, use, disclosure, disruption, modification, inspection, recording or destruction of information. Th
Read more

章鱼与海女图

Image
本条目 可参照英語維基百科相應條目来扩充 。 （2014/5/25） 若您熟悉来源语言和主题，请协助参考外语维基扩充条目。请勿直接提交机械翻译，也不要翻译不可靠、低品质内容。依版权协议，译文需在编辑摘要注明来源，或于讨论页顶部标记 {{Translated page}} 标签。 本条目 需要擴充。 （2013年8月15日） 请協助改善这篇條目，更進一步的信息可能會在討論頁或扩充请求中找到。请在擴充條目後將此模板移除。 《 章鱼与海女 》（日语： 蛸と海女 ／ たことあま   Tako to ama ）是一幅由日本畫家葛饰北斋创作的浮世绘，出自1814年（文化4年）出版的艳本《喜能会之故真通》（日语： 喜能会之故真通 ／ きのえのこまつ   Kinoe no Komatsu ）。畫中有兩隻章鱼以觸手攻擊一名採珠的海女，並進行擬似戀獸癖的交媾行為。作品尺寸为6½" × 8¾" （16.51 cm × 22.23 cm）。 [1] 在此之前的类似作品还有北尾重政的艳本《謡曲色番組》及勝川春潮的艳本《艳本千夜多女志》等，有被北斋作为参考的可能性。 《章鱼与海女图》有不同英文翻译，一般称The Dream of the Fisherman's Wife，又作Girl Diver and Octopi、Diver and Two Octopi，Richard Douglas Lane称其为 Girl Diver and Octopi [2] ，Mathi Forrer 称其为 Pearl Diver and Two Octopi [3] ，Danielle Talerico 称其为 Diver and Two Octopi 。 [4] 目录 1 作品介绍 1.1 画中对话 1.2 解释 2 评价 3 影响 3.1 模仿作品 4 另见 5 参考来源 6 外部連結 作品介绍 画中对话 原文 译文 大蛸： いつぞハいつぞハとねらいすましてゐたかいがあつて、けふといふけふ、とうとうとらまへたア。てもむつくりとしたいいぼぼだ。いもよりハなをこうぶつだ。サアサア、すつてすつてすいつくして
Read more

Farm Security Administration

Image
Farm Security Administration Farm Security Administration logo Agency overview Formed September 1, 1937  ( 1937-09-01 ) Preceding agencies Resettlement Administration Federal Emergency Relief Administration Dissolved 1946 Superseding agency Farmers Home Administration Key documents Farm Security Act Bankhead-Jones Farm Tenant Act The Farm Security Administration ( FSA ) was a New Deal agency created in 1937 to combat rural poverty during the Great Depression in the United States. It succeeded the Resettlement Administration (1935–1937). [1] The FSA stressed "rural rehabilitation" efforts to improve the lifestyle of sharecroppers, tenants, very poor landowning farmers, and a program to purchase submarginal land owned by poor farmers and resettle them in group farms on land more suitable for efficient farming. Critics, including the Farm Bureau, strongly opposed the FSA as an experiment in collectivizing agriculture—that is, in bringing
Read more