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Silicon Valley Veteran Michael Moe Plans Education-Tech SPAC

  • Moe has backed firms including Coursera, Class Dojo and Chegg
  • Joe Parsons, Bob Daugherty are set to be SPAC’s co-chairmen
Michael Moe

Michael Moe

Photographer: Kholood Eid/Bloomberg

Silicon Valley veteran Michael Moe is in talks to raise capital through a blank-check firm to pursue a deal in education technology, an industry buoyed by the Covid-19 pandemic, according to people with knowledge of the matter.

Moe is set to be chief executive of a new entity, tentatively dubbed Class Acquisition Corp., said one of the people, who asked not to be identified because the talks are private.