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Anybody 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
Anybody else feel a little nervous when a free language tool is valued in the hundreds of millions?
They have a business model where they sell translation services to CNN, etc. I don't have a business model but I'm trying to bootstrap an iOS language software company. Duolingo is really good but I think language learning is difficult enough that there are other good ideas worth pursuing. Anyway, if anyone is learning another language, I'd appreciate any feedback on my apps. Here's my Spanish app: https://itunes.app…
Anybody else feel a little nervous when a free language tool is valued in the hundreds of millions?
The DuoLingo Test Center is currently free but it won’t be for long. Give it a try if you’d like to see how it works. Once the DuoLingo Test is accepted at schools and employers, the company plans to charge $20 to take its test.
There’s an established incumbent (monopoly) in this market called TOEFL. If you’ve come to the US to study, you’ve probably taken this test. It’s a lot more expensive than $20 per test and DuoLingo is out to prove it can do this testing less expensively and better.
Ankidroid: A flashcard app for adding vocabulary I need and phrases I want to come more fluidly.
Spanish Trainer: A spaced repetition verb conjugation app as Duolingo doesn't give me enough practice with this.
Google Translate
What would speed things up for me is the ability to easily import translations from Google Translate into my flashcard app.
Duolingo needs to provide better user control of the spaced repitition input and some setting for the skills practice sessions. I would love the ability to make a certain drill or word as Finished or Very Confident so I don't have to waste time practicing stuff I already know. I would also love the ability to mark certain words or drills as important or useful so that they get repeated more frequently when practicing skills.
(Edited for formatting and the friendly grammar red cross :))
Anybody else feel a little nervous when a free language tool is valued in the hundreds of millions?
Originally they were going to provide translation services, which hasn't worked out. Now they're trying to provide certifications for people who pay a fee. Will that work? Maybe it will. What feels odd is that the valuation is so high for a company that hasn't yet figured out a reliable way to make money from what it does.
If all else fails, they could install paywalls, but a substantial portion of their users might abandon them at that point.
Anybody else feel a little nervous when a free language tool is valued in the hundreds of millions?
So you might ask “how can you make money giving away a learning app?” This past week DuoLingo answered that question with the commercial release of the DuoLingo Test Center. The DuoLingo Test Center is currently free but it won’t be for long. Give it a try if you’d like to see how it works. Once the DuoLingo Test is accepted at schools and employers, the company plans to charge $20 to take its test. There’s an establ…
http://www.guidestar.org/organizations/21-0634479/educationa...
Anybody else feel a little nervous when a free language tool is valued in the hundreds of millions?
So you might ask “how can you make money giving away a learning app?” This past week DuoLingo answered that question with the commercial release of the DuoLingo Test Center. The DuoLingo Test Center is currently free but it won’t be for long. Give it a try if you’d like to see how it works. Once the DuoLingo Test is accepted at schools and employers, the company plans to charge $20 to take its test. There’s an establ…
Anybody else feel a little nervous when a free language tool is valued in the hundreds of millions?
So you might ask “how can you make money giving away a learning app?” This past week DuoLingo answered that question with the commercial release of the DuoLingo Test Center. The DuoLingo Test Center is currently free but it won’t be for long. Give it a try if you’d like to see how it works. Once the DuoLingo Test is accepted at schools and employers, the company plans to charge $20 to take its test. There’s an establ…