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Udemy raises $50M at a $2B valuation from Japanese publisher Benesse

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71–80 of 127 posts

Re: Udemy raises $50M at a $2B valuation from Japanese publisher Benesse

#71
post #66

Hi guys! I hope I’m able to contribute by bringing some of my own experience and real data to this discussion. I'm the founder of Classpert ( https://classpert.com ), a search and comparison site for online courses. In the last 6 months, we’ve managed to sell over 2000 courses, in 8 different languages and across 80 different countries (Udemy alone is selling around 200 courses each month through Classpert). So while…

I liked the site. Congrats! Very useful. Is it Bootstrapped?

Re: Udemy raises $50M at a $2B valuation from Japanese publisher Benesse

#72
post #66

Hi guys! I hope I’m able to contribute by bringing some of my own experience and real data to this discussion. I'm the founder of Classpert ( https://classpert.com ), a search and comparison site for online courses. In the last 6 months, we’ve managed to sell over 2000 courses, in 8 different languages and across 80 different countries (Udemy alone is selling around 200 courses each month through Classpert). So while…

Good point and I will agree to that; I am pretty much the target audience for Pluralsight, but unless my employer offers it, every time I took a subscription, I felt a strange "pressure" to utilize it (turning learning into chore rather than fun), as well as pressure to unsubscribe unless I can really justify it.

I find it strangely easier to buy a course on either Coursera or Udemy because of seeming lack of pressure :-/

Re: Udemy raises $50M at a $2B valuation from Japanese publisher Benesse

#73
post #45

Did Udemy get around to putting controls in place to stop course stealing? I remember Troy Hunt in particular had issues with people taking his material, narrating over the top of it, and selling it on their Udemy channels.

You're probably referring to this incident back in 2015: https://web.archive.org/web/20151129084740/https://blog.udem...

Re: Udemy raises $50M at a $2B valuation from Japanese publisher Benesse

#74

Earlier quoted context omitted.

I don't have a ton of experience with Udemy. But I took an introduction to Autodesk Inventor class there in January and I thought it was quite good. Was only something like €10 and I was able to do quite complex drawings (at least for what I need) after two days. Much cheaper and probably almost as effective as one of those expensive corporate training classes that are often a €1000,- for just two days.

How many managers would give you time off to study a udemy course though, vs a £1000 professionally run one? It’s frustrating that the main advantage of paying a lot for a course, is having some proper time to do it.

My team which manages our company's ecommerce website inherited maintaining an iOS app that was being developed by a contracting firm. No one on my team had much experience in iOS. My company is extremely frugal. I bought an intro to iOS course on Udemy for the five of us for about fifty dollars total. It was excellent. Was definitely blown away by the quality and the price. It got us quickly up to speed on xcode, debugging, swift, view creation and publishing to the app store among other things. I am sure there is junk content on udemy, but there is also really good content that is worth more than the price.

Re: Udemy raises $50M at a $2B valuation from Japanese publisher Benesse

#75
post #66

Hi guys! I hope I’m able to contribute by bringing some of my own experience and real data to this discussion. I'm the founder of Classpert ( https://classpert.com ), a search and comparison site for online courses. In the last 6 months, we’ve managed to sell over 2000 courses, in 8 different languages and across 80 different countries (Udemy alone is selling around 200 courses each month through Classpert). So while…

I liked the site. Congrats! Very useful. Is it Bootstrapped?

Nice! We're open for feedbacks too! We received a seed from Quero Education(YC S16). Last year, we’ve made our ways to the finals but eventually got rejected by YC (S19). Not sure if we are trying a second time

Re: Udemy raises $50M at a $2B valuation from Japanese publisher Benesse

#76
post #2

Anyone recommend any Udemy courses, on any topic? My experience is that there are very few where both delivery and content are good. My own recommendations would be Stephen Grider’s React courses, and Chris Croft’s management courses.

I've been enjoying Mike Meyer's Security+ course, though professor Messer's course is a good and free alternative.

Re: Udemy raises $50M at a $2B valuation from Japanese publisher Benesse

#77

Udemy is selling a dream, more so, than an education. They mostly target lower income internet natives, who have heard of coding, not enough to do anything dangerous but certainly enough to long for the good money and great perks. You are not really committed to switching up your life, but a "premium product" at 90% off down to 20$, how could you not give it a try? It's an affordable dream and makes for an easy sale.

The constant sales are annoying but the few courses I took were quite good and helpful especially if it’s something you know nothing about.

Re: Udemy raises $50M at a $2B valuation from Japanese publisher Benesse

#78

Udemy is selling a dream, more so, than an education. They mostly target lower income internet natives, who have heard of coding, not enough to do anything dangerous but certainly enough to long for the good money and great perks. You are not really committed to switching up your life, but a "premium product" at 90% off down to 20$, how could you not give it a try? It's an affordable dream and makes for an easy sale.

I don't have a ton of experience with Udemy. But I took an introduction to Autodesk Inventor class there in January and I thought it was quite good. Was only something like €10 and I was able to do quite complex drawings (at least for what I need) after two days. Much cheaper and probably almost as effective as one of those expensive corporate training classes that are often a €1000,- for just two days.

From my experience most corporate classes are pretty bad. It seems to sell these the main skill is to sell to execs and make them feel good, not to have good classes. Pretty much like enterprise software is sold not to actual users but to execs who will never use it.

Re: Udemy raises $50M at a $2B valuation from Japanese publisher Benesse

#79
post #74

Earlier quoted context omitted.

How many managers would give you time off to study a udemy course though, vs a £1000 professionally run one? It’s frustrating that the main advantage of paying a lot for a course, is having some proper time to do it.

My team which manages our company's ecommerce website inherited maintaining an iOS app that was being developed by a contracting firm. No one on my team had much experience in iOS. My company is extremely frugal. I bought an intro to iOS course on Udemy for the five of us for about fifty dollars total. It was excellent. Was definitely blown away by the quality and the price. It got us quickly up to speed on xcode, de…

We as a team also did a four hour course on TLS and PKI and it was a game changer. It was much better than reading up stuff.

Re: Udemy raises $50M at a $2B valuation from Japanese publisher Benesse

#80
post #69
post #24

Earlier quoted context omitted.

I always wondered who gets to decide what's on sale! How does your agreement work with them?

I am not sure as the Udemy account is managed by a friend. I'm pretty sure we have no saying on the price. With 100 students we cashed $329. So, there it is: 3,29 $ per course. Basically a tip. I sell the Italian version of this course directly for 200 €.

What delivery platform do you use?
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