Everyone is enamored with ISA’s. I would say we have more experience with them at Lambda than anyone else. I’m not convinced that they are the final solution. They are unregulated, which allows local regulators to impose their own rules on you. There are also not a lot of buyers for unregulated securities. I would suggest that companies think about... See more

Building something of significant value to the student, but shifting the risk away from the student to your company or the current or future employer is the way to build a very large education company. Prenda does this for parents in K12 by serving as a public charter school, Lambda does this for students by deferring tuition until they get a job.

Getsetup is a great example of service (for seniors) where large class is combined with peer group effectively.

Large class live instruction combined with peer group collaboration can lower the price of delivery by an order of magnitude, but is much more engaging than MOOC-style courses.

Education can be delivered online without loss of fidelity. Through live and asynchronous collaboration between teachers, TAs and peers, the social and motivational aspects of online education can be as good or better than physical settings.