"The idea that great education was never for the few and should always be available to all led to the creation of MOOCs, Massive Open Online Courses, led by Silicon Valley companies like Coursera and Udacity"
This is presented as a novel idea, but governments have been subsidizing education for a long time because of this long held value (see: student loans).
"You know a revolution is happening in Silicon Valley when the money shows up."
Correlation does not equal causation? Money does not a revolution make.
(ie: conversions dipped x% when we didn't use a server-side implementation)