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The Ingenious Business Model Behind Coursekit, A Tumblr For Higher Education

At universities, educational software largely means enterprise-scale, expensive, feature-stuffed "learning management systems." Blackboard has the majority of the market, but professors and students are about as enthusiastic about its various updates, crashes, and bugs as people are with the latest version of Windows (Blackboard scores a whopping 93% "hated" rating on website Amplicate ). Last week, a new alternative was launched--built by students--that looks and works a lot more like the social platforms people actually choose to use in their spare time.

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