Once the darlings of Wall Street and venture capital as recently as the beginning of this year, China’s edtech firms are now wondering if they will be able to remain solvent long enough to see the beginning of the next. In a series of sweeping regulations, the central government has taken a wrecking ball to […]
Edtech’s venture-backed globalization pauses at China
Edtech investors are increasingly going global, but regulatory crackdowns in China, which instructed K-12 tutoring startups to go non-profit, have led to a chill among check-writers in the country.