Dhawal Shah tells the compelling story of the courtship dance and eventual merger of Coursera and Udemy. Each of them considered other suitors, each of them could have walked away with much more than they ultimately got, and it is not at all clear to me that their merger will solve the problems of their declining valuation (though, that being said, there is a market out there for what they do, they do earn revenue, and so long as they stay out of crippling debt (brought on by, say, unwise acquisitions) they should at least survive.
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