I suppose I should cover this, since it's a significant event in edtech. The actual tech example, I guess, is that you can't develop tech by acquisition. Most of the cases of this I've seen over the years end up harming the company more than helping, in addition to being completely destructive of the company that has been acquired. If you have a huge pile of debt (owed either to banks or VCs) you can't focus on development and innovation, and in an industry like ours, that's death.
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