asterisk2a + secondary   4

Where did all the GCSE pupils go – and why has no one noticed? | Education | The Guardian
[ underachieving taking pupils off roll to boost class/school rating! League Table. unintended consequences! macro over micro + staff shortage, pressure, not money, less money! making the short cut to let underachievers and trouble makers go. classic american school dropout. in childhood already left behind! ] Earlier this month, Sean Harford, Ofsted’s national director, said that from now on inspectors should question headteachers during inspections when large numbers of students have left. And Amanda Spielman, the chief inspector, described “off-rolling”, alongside other results-boosting methods, as a scandal.

Our investigation shows that even though the inspectorate recognised this as a national problem going back to 2010, it has not done anything about it.

The research organisation Education Datalab recently published reports on pupils leaving their secondary schools, following an investigation by Education Guardian in 2014. It raised concerns that 20,000 pupils were being lost to state education altogether, with no one knowing where they had gone. The reports do not show whether pupils were encouraged to move or left of their own volition. Those who had disappeared were mostly lower achievers.
UK  education  policy  Austerity  Ofsted  GCSE  PISA  attainment  gap  NEET  Tories  Conservative  Party  nasty  skills  Brexit  welfare  state  College  JSA  dropout  University  structural  unemployment  social  mobility  poverty  trap  child  Precariat  drugs  radicalisation  Islam  accounting  statistics  petty  crime  Secondary  league  table  staff  shortage  burnout  overworked  JAM  Theresa  May  David  Cameron  George  Osborne 
march 2017 by asterisk2a
Brokering Private Stocks Yet to Yield Big Profits — The Information
The secondary market for private tech shares is booming again, after a slowdown following the Facebook IPO. With valuations rising and startups staying private longer, investors in search of growth have been striking more deals with private company employees seeking to sell their shares. But that boom doesn’t appear to be yet translating into big profits for the handful of most well-known firms brokering the buying and selling of secondary shares, at least based on the limited evidence that’s available from publicly filed financial records. Adapting to changes in the secondary market and launching new ventures has been costly, although the firms are poised to benefit if deal volume continues to rise. [...] The Takeaway. Filings show that some parts of secondary market businesses SharesPost, SecondMarket and Nasdaq Private Market were unprofitable last year, despite the resurgence of deals. Factors include startup costs and a shift to lower-margin transactions.
Secondary  Market  IPO  Silicon  Valley  asset  allocation  hunt  for  yield  2015  growth  round  Venture  Capital 
august 2015 by asterisk2a
Naval Ravikant to VCs: “You can lie to your LPs, but don’t lie to yourselves” | PandoDaily
“There was so much innovation being thrown around—moveable carry, geographic portfolio, unbundling and more. Many were coming up to me later saying the ideas were flying at them too fast. That’s exactly what’s happening in the market.” Even if you don’t know what those terms mean, the important takeaway is that even the stodgiest VCs are going to have to start acting more like the entrepreneurs they serve because the market is only getting more competitive with the ways to fund becoming far more varied and “hackable.” [and add Corporate Accelerators, Incubators and Venture Funds] [...] restrictions LPs put on funds: things like how much you can invest, what percentage of a fund you can invest in follow on rounds of existing companies, what sector you invest in, whether you can invest personally if the fund invests as a group, etc.
Venture  Capital  angel-list  Seed  Round  Angel  Investor  SPV  Private  Equity  IPO  growth  Sand  Hill  Road  Silicon  Valley  500  Start-ups  Rocket  Internet  ycombinator  Accelerator  TechStars  Seed  Camp  Incubator  niche  vertical  Secondary  Market  a16z  s23p  hunt  for  yield  distortion  Signal  vs.  Noise  wantrepreneur  economics  of  abundance  abundance  marginal  cost  MicroVC  Party  Round  Start-Up  lesson  Start-Up  advice  ecosystem 
may 2015 by asterisk2a
Careful what you wish against: Silicon Valley just rolled out a red carpet to government regulation | PandoDaily
I never thought I’d write these words: Sometimes the public markets is the best thing that can happen to a hot company. [...] Today, Uber running a different playbook than even Facebook. First, it has controlled access to liquidity much more than Facebook ever did. But, by contrast, the company’s access to capital has been an exaggeration of Facebook’s already prodigious fundraising path. Uber has wholly embraced the notion of raising gargantuan amounts of money at jaw-dropping late stage valuations as an avenue to put off an IPO, seemingly indefinitely if it wants. That should suit a CEO like Uber’s Travis Kalanick who bristles at anyone telling him how to do his job and hates government regulation. Importantly, Uber is the first unicorn of the mobile-first era. [...] Uber’s investors have exerted no pressure on the Valley darling. [...] Reckless disregard for customers.
Secondary  Market  IPO  Facebook  Google  Uber  hunt  for  yield  unintended  consequences  dual  stock  structure  Travis  Kalanick  oversight  corporate  governance  corporate  values  corporate  culture  accountability  regulators  self-regulation  regulation  utility  public  utility  public  transportation  mobile  first  mobile  homescreen  Venture  Capital  Patriarchy  ethical  machine  moral  beliefs  crony  capitalism  distortion  Hype  Cycle  Whisper  Secret  user  data  Internet  Privacy  Privacy  TOS  Platform  history 
november 2014 by asterisk2a

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