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    TWOU   US90214J1016

2U, INC.

(TWOU)
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2U : Investing in Employee Education is Investing in People—and 3 Other Insights into the Future of Workforce Learning

08/27/2021 | 01:32pm EDT
Earlier this month in my hometown of San Diego, the energy in the air was electric. This year's ASU+GSV Summitdescended upon the city, bringing together over 3,000 education, technology, and business professionals to exchange invaluable resources and insights. I connected with 2U colleagues and others I hadn't seen 'live' in nearly two years, and with all the buzz around our intent to acquire edXand our growing roster of enterprise partners, it felt like I was constantly being sought after for deep conversations on the future of education.
Many of those deep conversations happened shortly after what I believe was one of the most inspiring sessions at ASU+GSV: a panel discussion on 'Workforce Learning Driving Equity and Mobility' featuring Rachel Carlson, the co-founder and CEO of one of our enterprise partners, Guild Education, with whom I work closely in my role as vice president of enterprise business development, and 2U's Co-Founder and CEO Chip Paucek. Since we work with Guild Education to help some of America's leading companies offer their employees access to educational programs from top academic institutions, it's a topic our enterprise team is very passionate about.
Chip and Rachel's primary point on the panel was this: More employers are changing their focus from seeing employee education reimbursement as a line item in a budget spreadsheet (if it was even there in the first place) to being more vested in powerful learning opportunities for their workforce-and consequently, more invested in theirpeople.By offering comprehensive employee education benefits as part of a larger strategic initiative to 'do well by doing good,' these companies are paving more accessible pathways to jobs within their organization and beyond it. They're discovering more viable ways to grow and retain great employees, and in the process, creating more diverse populations of lifelong learners.
This change in focus is literally changing lives for the world's workforce. And at 2U, we're just cracking the surface to all the possibilities with Guild Education and our other enterprise partners. I've been with 2U since we were still a startup; helping lead the charge in enterprise development is now bringing back all that startup energy and excitement, all over again.
Here are three other top takeaways from the ASU+GSV session featuring Chip and Rachel.

Disclaimer

2U Inc. published this content on 27 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 August 2021 17:31:07 UTC.


© Publicnow 2021
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Financials (USD)
Sales 2021 945 M - -
Net income 2021 -163 M - -
Net cash 2021 211 M - -
P/E ratio 2021 -15,5x
Yield 2021 -
Capitalization 2 541 M 2 541 M -
EV / Sales 2021 2,46x
EV / Sales 2022 2,12x
Nbr of Employees 5 189
Free-Float 97,7%
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Mean consensus BUY
Number of Analysts 13
Last Close Price 34,05 $
Average target price 57,55 $
Spread / Average Target 69,0%
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Managers and Directors
Christopher J. Paucek Chief Executive Officer & Director
Paul S. Lalljie Chief Financial Officer
Paul A. Maeder Chairman
James Kenigsberg Chief Technology Officer
Mark J. Chernis Chief Operating Officer
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