After launching, the company waited eight years to raise a $15 million Series A. Then, after going another nearly six years without raising venture capital, Course Hero closed two financings in 2020. Yesterday, the edtech company announced yet another tranche of capital: a $380 million Series C at a $3.6 billion valuation.
Launched in 2006, education startup Course Hero started its life away from the attention of venture capital. After launching, the company waited eight years to raise a $15 million Series A. Then, after going another nearly six years without raising venture capital, Course Hero closed two financings in 2020.
The founder believes that Course Hero has evolved past its main business model-a place where students can come to access more than 80 million course-specific study resources and guides-into a platform play.
The raise comes as a stark contrast to CEO and co-founder Andrew Grauer's comments in 2020, when he spoke on the “risk and reward of raising capital.”
Human capital allows an economy to grow. When human capital increases in areas such as science, education, and management, it leads to increases in innovation, social well-being, equality, increased productivity, improved rates of participation, all of which contribute to economic growth.
Sources of Human Capital FormationInvestment in Education. The most powerful way to improve and expand the fruitful workforce in the state is by nourishing and building up the education system. ... Investment in Health. ... Migration. ... On-the-job Training- ... Investment in Information: All the detailed information. ... Solved Questions.
Human capital can be increased by increasing the number of workers, educating the existing labor force or both. An increase in the size of the labor force would be an increase in the human capital because the quantity of workers available has been expanded and can now produce more. You just studied 20 terms!
Question 1. What is human capital? Answer: Human capital is the stock of skilled and productive work force of a nation.
Human capital consists of the knowledge, skills, and health that people invest in and accumulate throughout their lives, enabling them to realize their potential as productive members of society.
Human capital formation refers to the process of adding to the stock of human capital over time. It is the process of acquiring and increasing the number of skilled and experienced people. It is essential for the development of an economy.
Funding college or continuing education scholarships is a long-term investment in human capital. By providing these scholarships, companies build relationships with both the current and future workforce. Employees of tomorrow must have access to higher education to increase their human capital.
How does human capital contribute to economic growth? Investing in this will help improve the quality the workers. Having a healthy, skilled, trained, and educated workforce will increase production which leads to more money being made.
An increase in capital per hour (or capital deepening) leads to an increase in labor productivity. For example, consider factory workers in a motor vehicle plant. If workers have increased access to machinery and tools to build vehicles, they can produce more vehicles in the same amount of time.
Human capital refers to the stock of skill, ability, expertie, education and knowledge in a nation at a point of time. Physical capital refers to assets which themselves have been manufactured and are used for production of other goods and services.
Answer: The skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country is known as human capital.
Human Capital It refers to the stock of skill, ability, expertise, education and knowledge in a nation at a point of time. Physical Capital All inputs which are required for further production such as machine, tools and implements, factory buildings, etc are called physical capital.