Peter Greene learned that Arne Duncan has accepted a position as chair of the board of an edu-biz called FullBloom. He continues to be a partner at billionaire Laurene Powell Jobs’ Emerson Collective.

He quotes the owner of the biz:

Here’s what CEO Jeffrey Cohen has to say about the momentous acquisition:

“Having a thought leader like Arne help guide our decisions through this time of unprecedented educational disruption is vital as we work to ensure both the safety and engagement of our students,” said CEO Jeffrey Cohen. “We are delighted to welcome Arne to the board. This appointment makes us better as an organization because we know he will hold us to the highest standards when it comes to producing results for the children and clients we serve.”

Arne is the right guy to lead a company during a period of “unprecedented educational disruption.” That was his specialty when he was Secretary of Education: Disruption.

Greene goes on to explain what FullBloom is and what it does. Your head will spin with mergers and acquisitions. All this money is made near and around education by entrepreneurs but it bypasses teachers.