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[quote=Anonymous][quote=Anonymous]Avenues is going to be opening in DC. Why would some do Whittle as a for-profit model, when they could do Avenues? And your post reaks or I don't even know what. You didn't answer the question. Why would you pay $6,000 more for something totally new and untested FOR YOUR CHILD than something like Sidwell that has an established China program, if a China program is your priority? I would never send my kid to a brand new school, totally untested, if I had the option. I would posit that I would send my kid to Wilson 100 times out of 100 before I sent them to a new Whittle. [/quote] Avenues is also for-profit, as are some other new schools popping up in NYC and elsewhere: https://www.nytimes.com/2017/11/20/nyregion/private-schools-startups-wework-wegrow-new-york.html PreK-12 for-profit schooling is very common in the rest of the world and there are some large chains of for-profit schools in Asia and other places that are very successful. As a PP stated, it's a new economic model that may shake things up with many entrepreneurs and private equity/VC money pouring in. As an education entrepreneur myself, who has raised money from investors, Whittle is intriguing. The issue no no one has mentioned is their burn rate. They've raised a ton of money, but they're super top-heavy with leadership and staffing (just look at how many Admissions people they have), and they will have spent several hundred million on their building when it is finally complete. Will they be able to attract enough wealthy Chinese families to cover that burn. That's the $64,000.00 question. It'll be fun to watch..... [/quote]
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