Education


Posts filtered by tags: EC Edtech[x]


 

The product-led growth behind edtech’s most downloaded app

Duolingo CEO and co-founder Luis von Ahn was tired of the gray and dreary design aesthetic edtech companies used to emulate universities. Instead, he and the company’s early team sought inspiration from games like Angry Birds and Clash Royale, looking to build a class that screamed more cartoon anarchy than lecture hall. From that frenetic creativity came the company’s distinctive mascot: a childish and rebellious evergreen-colored owl named Duo. Duolingo didn’t just throw out the old colors tho...
Tags: Startups, TC, Education, Tech, EC, Edtech, Duolingo, Angry Birds, Pittsburgh, Luis Von Ahn, Tyler Murphy, Super Mario Brothers, Ahn, EC-1, EC Edtech, Duo Duolingo


How Duolingo became fluent in monetization

As its meandering route to monetization will demonstrate, Duolingo isn’t mission-oriented, it’s mission-obsessed. Co-founders Luis von Ahn and Severin Hacker never wanted to charge consumers for access to Duolingo content, a purpose imbued throughout the company’s culture. For years in order to work at Duolingo, you had to be comfortable with joining a company in Pittsburgh that was in no rush to make money. The startup, filled with education enthusiasts and mission-driven employees, became “ver...
Tags: Google, Startups, TC, Education, Tech, Brazil, Silicon Valley, EC, Edtech, Duolingo, Sand Hill Road, Pittsburgh, Gordon, Kleiner Perkins Caufield Byers KPCB, Luis, Luis Von Ahn


Duolingo can’t teach you how to speak a language, but now it wants to try

Duolingo has been wildly successful. It has pulled in 500 million total registered learners, 40 million active users, 1.5 million premium subscribers and $190 million in booked revenues in 2020. It has a popular and meme-ified mascot in the form of the owl Duo, a creative and engaging product, and ambitious plans for expansion.There’s just one key question in the midst of all those milestones: Does anyone actually learn a language using Duolingo? “Language is first and foremost a social, relatio...
Tags: Startups, TC, Education, Obama, Tech, Edtech, Carnegie Mellon University, Duolingo, Babbel, Pittsburgh, Language Learning, Luis Von Ahn, Ahn, Busuu, EC-1, Bernhard Niesner


How a bot-fighting test turned into edtech’s most iconic brand, Duolingo

Luis von Ahn, an entrepreneur who has dedicated his career to scaling free education, has probably annoyed you more than once. In fact, you’ve likely been annoyed by his work dozens and maybe hundreds of times over the years. A decade before he co-founded the whimsical and language-learning app Duolingo, one of the most popular education apps in the world with over 500 million downloads and 40 million active users, he was building the technology that would become CAPTCHA, those human-annoying bu...
Tags: Google, Startups, TC, Education, Yahoo, Tech, Duke, Edtech, Carnegie Mellon University, Duolingo, Pittsburgh, Carnegie Mellon, Guatemala City, Luis Von Ahn, Manuel Blum, Ahn


The Duolingo EC-1

Education may well be the most important activity we conduct as a society — and it may also be the hardest space to build a startup in. Selling to school districts and universities is notoriously difficult, but enticing consumers is even harder. Learning takes focus, patience, tenacity and resources, and most consumers would prefer to watch some lip-sync videos on TikTok than stare at math equations (not to mention that such entertainment is free). Engagement and education feel aggressively at o...
Tags: Startups, TC, Education, Tech, EC, Edtech, Duolingo, Pittsburgh, Mascarenhas, Luis Von Ahn, Danny Crichton, EC-1, Richard Dal Porto, EC Edtech, Natasha Mascarenhas Mascarenhas, Nigel Sussman Duolingo


Since colleges are failing to prepare students for tech jobs, it’s time to bring back apprenticeships

Sophie Ruddock Contributor Share on Twitter Sophie Ruddock is VP, GM North America at Multiverse, a tech startup focused on high-quality education and training through professional apprenticeships. Ryan Craig Contributor Share on Twitter Ryan Craig is managing director of Achieve Partners, an investment firm focused at the intersection of educat...
Tags: TC, Column, Europe, Instagram, Education, Opinion, America, Training, Tech, Internships, United States, Biden, Apprenticeships, Black, Mckinsey, Ryan Craig


How is edtech spending its extra capital?

Edtech unicorns have boatloads of cash to spend following the capital boost to the sector in 2020. As a result, edtech M&A activity has continued to swell. The idea of a well-capitalized startup buying competitors to complement its core business is nothing new, but exits in this sector are notable because the money used to buy startups can be seen as an effect of the pandemic’s impact on remote education. In the past week, the consolidation environment is making a clear statement. ...
Tags: TC, Education, Tech, Quizlet, Oslo Stock Exchange, Glotzbach, Kahoot, Slader, Matthew Glotzbach, Remote Education, EC News Analysis, Eilert Giertsen Hanoa, EC Edtech


Coursera set to roughly double its private valuation in impending IPO

In a new S-1/A filing, Coursera set an initial IPO price range between $30 and $33 a share, signaling the market views its edtech business warmly ahead of its impending public offering. Coursera will have 130,271,466 shares outstanding after its IPO, or 132,630,966 including its underwriters’ option. At $30 per share, the low end of the company’s IPO range and a share count inclusive of 2,359,500 shares reserved for its underwriting banks, the firm would be worth $3.98 billion. That number rises...
Tags: Fundings & Exits, Startups, Education, Ipo, Tech, S-1, Edtech, Coursera, Mooc, Renaissance Capital, EC News Analysis, EC Edtech


Pandemic-era growth and SPACs are helping edtech startups graduate early

Special purpose acquisition vehicles regained popularity in 2020 as an alternative way to take startups public, and now they are eyeing edtech companies. So far, Skillsoft has gone public through Churchill Capital, and Nerdy, parent company of Varsity Tutors, did the same through a reverse merger with TPG Pace Tech Opportunities. On the investor side, Edify and Adit EdTech Acquisition are both separate, $200 million SPACs for education companies. SPACs are not being used to prop up com...
Tags: Startups, Education, Ipo, Tech, Venture Capital, Private Equity, Edtech, Varsity Tutors, SPAC, Cohn, Wolford, Chuck Cohn, TPG, Skillsoft, EC Edtech, Churchill Capital and Nerdy



Filters
show more filters
March - 2021
MoTuWeThFrSaSu
1234567
891011121314
15161718192021
22232425262728
293031    
April - 2021
MoTuWeThFrSaSu
   1234
567891011
12131415161718
19202122232425
2627282930  
May - 2021
MoTuWeThFrSaSu
     12
3456789
10111213141516
17181920212223
24252627282930
31