Today's Newsletter: Alt School Deleted

Today's Newsletter: Alt School Deleted

So much for all that. One of the darlings of the Silicon Valley tech boom have announced plans to backtrack from their intended plans to reinvent education (again).Bloomberg Technology goes deep into details of AltSchool’s retreat, which is a fascinating microcosm of the debate of for-profit institutions managing the education of children. EdSurge surveys reaction to the corporate shifts. Education week also provides some startling reporting: "We're being realistic," [AltSchool founder and CEO] Ventilla said. "In a few years time, when we raise our next round [of venture capital], we will have to show not only great success in the schools we run, but real progress in extending our platform to other schools." Who in their right mind would send their kids to someplace who primary responsibility is to investors? —Kevin Hogan, Content Director