Oct 302012
 

Very important warnings from +Tony Bates concerning xMOOCs monetizing strategies.

_It is clearly the goal of the xMOOC companies such as Coursera and Udacity to go global with their offerings. This will be necessary to get a return on the capital invested. But where will these revenues come from? In the USA, it is clearly being diverted from the public education system. Will the same begin to happen in Canada or Europe or Africa as U.S. MOOCs spread?
The least we should know are the business models for getting their money back. Whose money will it be?_

Banning, Doresa (2102) Online education start-up Udacity Raises $15 million in funding, CityTownInfo.com, October 26. According to the National Venture Capital Association, a staggering $463 million h…

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