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D.L. Paulson: Who Is Buying and Selling Public Education?

10 Aug

No women, no color, not a hint of educational experience. Yet this small group, *unelected* and cloistered in a corporate boardroom, is making hugely important decisions about the education of our youth.

Diane Ravitch's blog

D.L. Paulson is a reader who has commented before on the entrepreneurs who are investing in privatization and disruption in public education. Here he comments again on GSV (Global Silicon Valley), a leading edge investment company in the education sector.

GSV is a syndicate of financial/investment companies. GSV Advisors is where some of the trouble lies, at least in terms of conflict of interest and self-dealing. The management team invests personally in charter schools which in turn buy the products of its other portfolio companies. GSV (Advisors or Capital, it’s not altogether clear) also supports edsurge.com, which serves as a faux-journalistic voice for this “reform” movement. And all this goes on while GSV Advisors dispenses its advice to its “sister company”, GSV Capital, which makes the big investments, including the bad ones in Coursera and Chegg. (The jury is still out on U2 and Declara.)

GSV Advisors operates in a…

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Posted by on August 10, 2015 in Uncategorized

 

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