Online Learning Company IPO (Nerdy)

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In a recent discussion with a representative from Varsity Tutors, I was intrigued to learn that their parent company, Nerdy, will soon be announcing their public presence on NASDAQ under the ticker NRDY. This follows their recent merger with another group, PACE. This is interesting for several reasons. One, online learning is continuing to rise. It is reported that 82% of those currently learning online will continue to do so even after the Pandemic wanes. Another facet to this trend is that the big players in the industry are quickly planning a continued expansion into this growing field which encompasses educational technologies. For those who are at all interested to get their investment on, I have attached an official PDF report outlining Nerdy’s trajectory.

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