Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Before anyone wants to use this to weigh in on the school voucher fight in the US the first paragraph is

> For Shannon May and her husband Jay Kimmelman, the conference call scheduled with the World Bank on September 12, 2020, was make or break. It had been just over 10 years since the Harvard graduates had launched Bridge International Academies, a chain of for-profit schools that had exploded in Africa and South Asia. With the backing of Silicon Valley’s elite and the support of international financial institutions like the World Bank, the founders were now in negotiations to raise fresh capital that would allow them to move into several new countries.

So SV money opened up a bunch of for-profit schools in Africa and then they spent a bunch of time covering their reputation despite knowing bad things were happening.




Consider applying for YC's Fall 2025 batch! Applications are open till Aug 4

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: