In fact, Harvard and MIT invested $30M each and sold EdX for $800M to 2U: https://www.edsurge.com/news/2021-06-29-2u-buys-edx-for-800m...
So, likely, Harvard and MIT made some money.
It's 2U who lost the money. It's the public that suffered from the loss of EdX.
<sarcasm>As hedge funds with schools attached, they are doing extremely well.</sarcasm>
In fact, Harvard and MIT invested $30M each and sold EdX for $800M to 2U: https://www.edsurge.com/news/2021-06-29-2u-buys-edx-for-800m...
So, likely, Harvard and MIT made some money.
It's 2U who lost the money. It's the public that suffered from the loss of EdX.
<sarcasm>As hedge funds with schools attached, they are doing extremely well.</sarcasm>