This article is from Education Week
K12 Inc., the nation's largest provider of online precollegiate education, was launched in 2000 and went public seven years later after raising about $140 million in revenue. Like other companies, it moved from being privately held to being publicly traded to raise more money quickly, increase brand awareness, and accelerate business goals.
The company now works with more than 2,000 U.S. school districts and reported $522.4 million in revenue last fiscal year. "No school district could ever invest what we do and get the productivity we get," said Chief Executive Officer Ronald J. Packard. He said his company invests about $40 million a year in new technology and programs.
No comments:
Post a Comment