"Online education businesses scale very rapidly and they are very
profitable businesses," says Amy Errett, a partner at Maveron LLC,
the venture capital firm founded by Starbucks co-founder Howard
Schultz. "The markets reward that." Maveron backs several online
education startups, including Altius Education Inc. and Livemocha
Inc. and, most recently Latimer Education Inc., which is developing
an online college aimed at African Americans and raised $1.25
million last month. In The Deal's video interview, Errett talks
about the sector's healthy exits, including last year's IPO of
Bridgepoint Education Inc. and Blackboard Inc.'s acquisition of
Angel Learning Inc. Watch the video below or download it on iTunes.
-- Mary Kathleen Flynn