Dive Summary:
- The Economist profiles Lore, one of the social network options for educators that Education Dive looked at earlier this summer.
- Since Lore launched in 2011, it has attracted more than $6 million in investment and has been used in at least one class at more than 600 universities and colleges.
- Lore is still searching for its business model, but its co-founder Joseph Cohen hopes that it could eventually become a marketplace for courses and textbooks.
From the article:
DROPPING out of university to launch a start-up is old hat. The twist with Joseph Cohen, Dan Getelman and Jim Grandpre is that their start-up aims to improve how universities work. In May 2011 the three founders quit the University of Pennsylvania to launch Coursekit, soon rebranded as Lore, which has already raised $6m to develop what Mr Cohen, its 21-year-old chief executive, describes as a “social-learning network for the classroom”. ...