TeachStreet

TeachStreet “Acqhired” by Amazon – Shuts Down February 15th

TeachStreet

According to Seattle based tech blog GeekWire TeachStreet has been acquired by Amazon. It is a talent acquisition and the service will be shut down on February 15th. Team TeachStreet already joined the AmazonLocal team.

Teachers can export their data with a tool provided by TeachStreet and there is also a special FAQ for the transition.

The main reason for this acquisition seems to be the infamous Google Panda update back in February 2011 which has had a negative effect on the traffic of various companies that relied on SEO driven visitors. Apparently TechStreet never really recovered from this blow.

Dave and I talked about the issue on KWestions in March 2011 and back in January, hence right before the Panda update, I talked to Jason Calacanis whose company Mahalo has also been hit heavily by the algorithm change. Both interviews are embedded below.

I will share some personal thoughts on this on KirstenWinkler.com but I can already say that I am of course happy for Dave and the team but also pretty sad to see one of my favorite startups go. I also need to find out how the acquisition of TeachStreet might affect their Australian partner doMore.

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Kirsten Winkler is the founder and editor of EDUKWEST. She also writes about Social Media, Digital Society and Startups at KirstenWinkler.com.

  • http://www.nosnivelling.com daveschappell

    Hey Kirsten — yes, it’s bittersweet, and always more complicated than the short news summaries.  But, DoMore will be unaffected — they’re continuing on there way, and we have a great relationship.  We’re sorry about how this impacts our teachers (our main customers, really), but we hope that we’ve pointed them to some great alternatives (Betterfly, Skillshare, Wyzant, Thumbtack, etc.)

    These things are never easy.  But this is a great outcome for the team, and the last 5 years have been some of the best (and hardest) of my life.  I look forward to catching up, once the dust settles!

    Dave

    • http://kirstenwinkler.com KirstenWinkler

      So do I :).