Reed Hastings, the founder and chief executive of Netflix, used the Web to make it easier for us to rent movies. Now Mr. Hastings, who is also a former high school math teacher, is using the Web for a less entertaining, more educational cause — teaching math to kids.
On Tuesday, Mr. Hastings will announce that he has financed the acquisition of DreamBox Learning, a start-up that uses online games to teach math, by Charter School Growth Fund, a non-profit investment fund for charter schools.
Mr. Hastings said that he thinks netbooks will be ubiquitous in schools in a few years, creating huge opportunities for online learning software.
“I think we’re on the edge of a real inflection point where the hardware becomes so cheap that Web learning is really throughout the schools,” he said. “But what I noticed is there’s really not that many people working on the software.”
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