Building a $10M Company Proctoring Exams Online: Don Kassner, CEO of ProctorU (Part 4)

Sramana Mitra: So the shareholders of Andrew Jackson came in as separate investors into the new entity, ProctorU? Don Kassner: That is correct. Sramana Mitra: So that’s how ProctorU was funded? Don Kassner: Yes.

Building a $10M Company Proctoring Exams Online: Don Kassner, CEO of ProctorU (Part 3)

Sramana Mitra: When you look at those early adopters of your technology, what strikes you as the common characteristics of these kinds of players? What were they doing that made them early adopters? Don Kassner: They had those typical early adopter feature sets. They understood that they needed to take their online education service to

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Building a $10M Company Proctoring Exams Online: Don Kassner, CEO of ProctorU (Part 2)

Sramana Mitra: You gave a presentation to a group of universities explaining that there’s something that you wanted to do and they resonated with that. Could you explain what that pitch was? Don Kassner: We got up and showed what we were doing at Andrew Jackson University with this remote proctoring product that we had

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Building a $10M Company Proctoring Exams Online: Don Kassner, CEO of ProctorU (Part 1)

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  One of the chief bottlenecks of the adoption of online education has been the lack of ability to handle testing in a secure fashion. ProctorU addresses that gap and is growing at a nice clip. Sramana Mitra: Don, let’s start at the beginning. Tell me about

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Running Online Middle And High Schools: Caprice Young, CEO of KC Distance Learning (Part 7)

SM: Does the online environment change the social aspect of a course? CY: In a lot of our public school classrooms there is peer pressure towards mediocrity. By taking classes online, students can work to their highest level. That is very beneficial for kids who would otherwise be pressured into underperforming.

Running Online Middle And High Schools: Caprice Young, CEO of KC Distance Learning (Part 6)

SM: Let’s talk about the final piece of your business, the curriculum licensing. CY: With Aventa we offer anything we do in our private and public offerings on an à la carte basis. We offer it with or without teachers. Our customers are school districts, charter schools, and some online schools.

Running Online Middle And High Schools: Caprice Young, CEO of KC Distance Learning (Part 5)

SM: It sounds as though your private school is catering to a very non-traditional group of students. CY: In our private school that is very true. Many of our students are extremely accelerated. We have 13-year-olds taking calculus. It is hard to get calculus in seventh to ninth grade.

Running Online Middle And High Schools: Caprice Young, CEO of KC Distance Learning (Part 4)

SM: Who accredited your school and what was that process? CY: The Middle States Accreditation Body visited our school and we went through a very complex rubric of their criteria. At that time we gained preliminary accreditation.