Duolingo Raises $45M, Now Valued at $470M
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Duolingo Raises $45M, Now Valued at $470M
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Re: Duolingo Raises $45M, Now Valued at $470M
#2Duolingo is the best learning platform I've ever used. Even better than Khan Academy (and Khan Academy is really really good). Happy to see them doing so well!
Re: Duolingo Raises $45M, Now Valued at $470M
#3Anybody else feel a little nervous when a free language tool is valued in the hundreds of millions?
Re: Duolingo Raises $45M, Now Valued at $470M
#4Anybody else feel a little nervous when a free language tool is valued in the hundreds of millions?
Indeed.
Re: Duolingo Raises $45M, Now Valued at $470M
#5Anybody else feel a little nervous when a free language tool is valued in the hundreds of millions?
They provide official language exams right on your mobile device for $20.
Re: Duolingo Raises $45M, Now Valued at $470M
#6Anybody else feel a little nervous when a free language tool is valued in the hundreds of millions?
Nah, they definitely provide value. Have you used it before? For someone who only took a few years of a foreign language in high school, it's a great refresher. If they could also structure the lessons to teach in a similar way to the classroom (e.g., actively showing different conjugations instead of just assuming you'll remember or pick up on it yourself) then they'll be golden.
Re: Duolingo Raises $45M, Now Valued at $470M
#7Duolingo is the best learning platform I've ever used. Even better than Khan Academy (and Khan Academy is really really good). Happy to see them doing so well!
Totally agree. I am finally shoring up my Spanish and it is fairly painless.
Re: Duolingo Raises $45M, Now Valued at $470M
#8Anybody else feel a little nervous when a free language tool is valued in the hundreds of millions?
Not at all, because the free language tool is just half of what they do. The part that actually makes the money is crowdsourced translations, which are done by more advanced students as practice.
Re: Duolingo Raises $45M, Now Valued at $470M
#9Anybody else feel a little nervous when a free language tool is valued in the hundreds of millions?
Rosetta Stone, which seems to be the current leader in language training made $261 million last year.
The funny thing is Duolingo is now valued higher than Rosetta Stone: https://www.google.com/finance?q=RST