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Epic! was founded in 2013 by Suren Markosian and Kevin Donahue [3] and launched in 2014. [4] Indian educational technology company Byju's acquired Epic! in July 2021 in a cash and stock deal worth $500 million. [5] On January 25, 2024, lenders began bankruptcy proceedings against Epic's parent company Byju's in an effort to repay its loans. [6]
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In 2012, Teachers Pay Teachers revealed that a teacher has made over $1 million in profit from the marketplace. 10 years later in 2022, it announced that there are more than 300 teachers that have gone on to earn at least $1 million in profit from Teachers Pay Teachers. [2] Teachers Pay Teachers was acquired by IXL Learning on March 2, 2023. [3]
Fichter was hired as an English teacher at Kathleen High School on August 29, 2011, and was paid US$40,530 per year. Fichter was fired by the Polk County School Board on April 22, 2014, after her arrest for molesting three of her male students, all 17 years old, more than 37 times between August 2012 and April 2014.
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