For Subscribers

Knowledge Is Power

Profile of educational software company Blackboard Inc.

By Michelle Prather

Opinions expressed by Entrepreneur contributors are their own.

Most college campuses touted Internet connectivity by 1997. Butas co-workers in the higher education technology practice at KPMG,Michael Chasen and Matthew Pittinsky, now both 28, discoveredstudents were mostly e-mailing and "studying" Quake andDoom. Intent on maximizing the educational benefits ofschools' Internet infrastructures, Chasen, a Georgetown MBA,and Pittinsky, a Harvard Education School alum, quit KPMG andrented a Dupont Circle, DC, brownstone under the name BlackboardLLC (now Inc.) to create a software solution.

Four months later, Blackboard scored revenue through a1,600-college/university consulting contract. Enter a dozen morebodies into the two-room, desk-dense brownstone, already atcapacity with two guys and a dog.

Continue reading this article — and all of our other premium content with Entrepreneur+

For just $5, you can get unlimited access to all Entrepreneur’s premium content. You’ll find:

  • Digestible insight on how to be a better entrepreneur and leader
  • Lessons for starting and growing a business from our expert network of CEOs and founders
  • Meaningful content to help you make sharper decisions
  • Business and life hacks to help you stay ahead of the curve

Related Topics

Editor's Pick

Everyone Wants to Get Close to Their Favorite Artist. Here's the Technology Making It a Reality — But Better.
The Highest-Paid, Highest-Profile People in Every Field Know This Communication Strategy
After Early Rejection From Publishers, This Author Self-Published Her Book and Sold More Than 500,000 Copies. Here's How She Did It.
Having Trouble Speaking Up in Meetings? Try This Strategy.
He Names Brands for Amazon, Meta and Forever 21, and Says This Is the Big Blank Space in the Naming Game
Green Entrepreneur

A Massive Hole In the Sun May Cause Dazzling Light Show Here On Earth

NASA says the coronal hole could blast the Earth with solar winds as early as Friday. What does this mean?

Business News

'Wanted by Several Countries.' Crypto Fugitive Is Nabbed in Montenegro.

Do Kwon was wanted in South Korea and the U.S. on fraud charges related to TerraUSD and Luna crash.

Business News

Gen Z Loves the Toyota Camry. Here's What Car Brands Boomers Love Most

S&P Global Mobility provides data on what types of each age group likes the most, based on car registration.


Why Failure is a Choice You Make

Failure is a product of our mind and therefore we determine if it exists or not. Learn more empowering ways to view situations where failure becomes a stepping stone, not a roadblock.


Working Remote? These Are the Biggest Dos and Don'ts of Video Conferencing

As more and more businesses go remote, these are ways to be more effective and efficient on conference calls.