Look at that interview. CNBC is a better spokesman for 2U than its own CEO just by virtue of that great title, "Paradigm shifting moment for higher ed".
Paucek should have run with that, said "Coronavirus is forcing an unprecedented paradigm shift in higher education -- and education in general. This period is producing a revolutionary shift to online learning, and 2U's experience, knowledge, resources, relationships, and strategy has perfectly positioned us to be front and center of that revolution."
That is the kind of talk that would, in this environment, send this stock to 100$. Anything that tells investors that 2U is going to be a go-to solution for online learning, at a time when thousands of institutions across the world are switching to online learning on a massive scale, sends this to 100$. 2U's current revenue model, based on 75 partners, is not the explosive growth model we need to be adapting to in this current environment.
So of course, 'Shit Chip' went with this instead:
"This isn't new. I feel like we're all sitting here talking about it like we just discovered the internet. Like, I started the company 12 years ago..."
Idiot. Idiot. Idiot. It's your time to show how you're the one who's ahead of the curve, and instead you sound like a dinosaur. You insult people's intelligence about the internet and throw in a jibe at Trump instead of SELLING THE COMPANY TO INVESTORS. Why would anyone buy your product that ISN'T NEW, and you apparently aren't adapting to the corona world? IDIOT. Can we fire this guy, please. We need someone who can lay out a grand vision for 2U to seize today's opportunity and get us to 1,000 clients. Not this small-minded bullshit.
Disclaimer: All of my posts represent only my personal opinion and should never be taken as facts or advice by anyone, for any reason.
Recent TWOU News
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