One month ago 2U filed its registration for an IPO in 2014. 2U is an online service provider that helps traditional universities develop fully-online programs, currently based on 9 customers at the master’s level (see here for summary of revenue per student and per customer). On Monday the company set the terms for the IPO, as described by Bill Flook in the Washington Business Journal.
2U Inc. on Monday set terms for its upcoming initial public offering. The Landover-based ed-tech company plans to sell 8 million shares at between $11 to $13 apiece. Selling stockholders plan to offload another 1.17 million shares in the offering.
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https://mindwires.com/wp-content/uploads/2020/11/2U-financials1.png464815Phil Hillhttps://mindwires.com/wp-content/uploads/2020/06/mindwireslrg-whitepad.pngPhil Hill2014-03-19 00:00:002020-11-20 13:32:152U’s Upcoming IPO: Filing estimates $533 million company value
