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Larry Dignan, Andrew Nusca and Rachel King
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Amazon acquires TeachStreet, joins AmazonLocal

By | February 2, 2012, 10:36am PST

Summary: Interestingly, the TeachStreet team will be joining AmazonLocal, which is the Seattle-based corporation’s answer to the daily deal craze.

Amazon is acquiring TeachStreet, an online hub for pairing students with tutors and teachers as well as providing tools and lesson plans to educators for teaching businesses.

Interestingly, the TeachStreet team will be joining AmazonLocal, which is the Seattle-based corporation’s answer to the daily deal craze, which offers its own promotions in select markets nationwide as well as advertises deals offered by other providers such as LivingSocial.

There in lies another twist: founder Dave Schappell previously worked at Amazon.com as a director of product development.

However, Schappell didn’t offer much of an explanation in his announcement on TeachStreet’s official blog, only telling investors to “know that we sincerely gave it our best.”

Fortunately, TeachStreet team members won’t have to move far as the education startup is also based in Seattle. It is expected to fully shutter on Wednesday, February 15.

For TeachStreet patrons curious about how this will affect them, there is an FAQ section now available online.

Most importantly, TeachStreet asserts that it will “not be selling any customer data. Upon closure of TeachStreet we will be deleting all customer data.” Thus, unassuming TeachStreet members should count on not being automatically signed up for AmazonLocal deals in Washington state.

Users should also started backing up all of their data from TeachStreet now.

Financial terms of the deal have not been disclosed.

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Amazon.com Inc., Rachel King

Rachel King is a staff writer for ZDNet based in San Francisco.

Disclosure

Rachel King

Rachel King has no business relationships, affiliations, investments, or other potential conflicts of interest relating to the content posted in this blog.

Biography

Rachel King

Rachel King is a staff writer for CBS Interactive in San Francisco. Before serving as a contributing editor at ZDNet in New York City for two years, she previously worked for The Business Insider, FastCompany.com, CNN's San Francisco bureau and the U.S. Department of State. Rachel has also written for MainStreet.com, Irish America Magazine and the New York Daily News, among others. Rachel has a B.A. in Mass Communications and History from the University of California, Berkeley and a M.S. in Journalism from Columbia University, where she served as art director for the student magazine, Plated.

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RE: Amazon acquires TeachStreet, joins AmazonLocal
GaetanD 10th Feb
TeachStreet users,
If you want to learn or if you're a teacher who want to keep promoting your classes online, we are launching a fantastic tool for you.
www.Apprentus.com is a community marketplace for offline lessons. We connect people who love to learn with the best talented teachers.
Get access to beta and see everything in action: http://signup.apprentus.com

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