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Online Learning News and Research
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Friday, January 24, 2003
Venture Capital: Online education attracting support - John Cook, Seattle Post-Intelligencer
Starbucks Chairman Howard Schultz, who revolutionized the retail coffee business in the 1980s and 1990s, now wants to help transform online education. Working through his Seattle venture capital firm, Schultz yesterday invested $7.5 million in Capella Education Co. -- an online university with more than 7,000 students in 40 countries. The 10-year-old Minneapolis academic institution, which offers degree programs in business, technology, education, human services and psychology, is already a leader in the growing field of online learning.
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