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

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

#91

Earlier quoted context omitted.

I've bought ~20 courses on Udemy; variety of software engineering; music lessons; language lessons; and random; not a single one had reasonable "information density" - i.e., I'm sure if I watched all 20 hours I'd pick up some useful information, but probably only an hour's worth. I've since moved to mostly either using free Youtube videos and just picking specific knowledge I need, or paying much more for targeted pr…

I'm friends with a top course creator on Udemy and the info density issue is caused by the buying habits of users. - Most buy based on sales (at a crazy discount), ASP is ~$10 off his ostensibly several hundred dollar course - Most 95%+ never even _open_ the course - Of the remainder it's about .25% that "finish" the course in any meaningful way - Most people buying the courses are aspirational about it ("Yeah I shou…

>Udemy has a new program for enterprises that pays based on minutes/month of content consumed.

LinkedIn has something similar with what used to be Lynda. (Not sure what the payment scheme looks like.) I imagine this sort of thing is fairly common. Corporations have a relatively modest set of online courses they create (or have created) on topics specifically relevant to their products/market and they want to fill out their training catalog with a lot of general and relatively low cost material.

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

#92
I love Udemy. I've learned so much from their courses, including React and Flutter most recently. Our employer has an unlimited subscription which is great for checking out a lot of these courses, I definitely don't watch every single one available however, but enrolling in a few courses of the same topic shows me what's possible with some technology and which teacher is the best.

I personally prefer Andrew Mead's courses as he actually waits for you to complete a part by yourself before moving on, which I don't see as concretely with other teachers like Girder or Schwarzmüller, who sometimes say to try it on your own, but Mead actually has a moment where you can pause the video and try it, built into the course.

With regards to not having informational density, I've solved this problem by downloading the courses locally [0] and watching them at 4x speed. In a browser, you could set `querySelector("video").playbackRate = 4`, but since the video changes every few minutes, especially at high speed, this isn't too useful. I've actually made a Chromium extension that changes the video/audio playback speed globally since I watch a lot of YouTube at 4x speed as well [1], but again it isn't smart enough to detect when an underlying video source has changed.

Therefore, I use a local player, SMPlayer in specific [2], which is an mpv-based player. The problem, however, is that Chrome is very good at allowing you to understand voices at high speed, and nearly every other player, such as Firefox [3] and others, do not. This seems to be because they saccade the audio, where they skip parts of it, so that it sounds tinny or not understandable (edit: looks like it's fixed in Firefox!). Chrome does not use this approach. I've tried loading playlists into Chrome for this exact purpose, to simply use it as a video player, but the tab crashes because the video files are too large. Now, we return to the local player, SMPlayer.

SMPlayer, as it uses mpv, is able to pass any command line options to mpv. In this case, we are able to change the time-stretching amount by ourselves instead of waiting for Firefox or another player to do so. To do so, go to Options -> General -> Multimedia Engine: mpv, and then Options -> Advanced -> MPlayer/mpv tab -> Options: --speed=4, Audio filters: scaletempo=stride=10. You can play around with the speed and stride, but for the stride, around 8-20 sounds good [4]. It's still not as good as Chrome but it's usable and understandable. I wonder if there's a full way to solve this bug.

Edit: Looks like from [3], someone figured out that you can use the following filters with mpv as well. This just adds the overlap and search arguments in the audio filters. This sounds significantly better than without the overlap and search arguments as above, Chrome level basically.

  mpv --af=scaletempo=stride=8:overlap=1:search=10 --speed=4 test.mp3
Anyway, hopefully this helps others move through content faster. You might balk at 4x, but you need to start at something smaller, like 2x, before gradually moving up in speed. I like experiencing content at high speeds personally, and I use similar hacks for other media as well, such as audiobooks and podcasts. For audiobooks (on Android), I use a fork of the Voice Audiobook player [5] which supports speeds up to 6x because the original author did not seem to want to raise the maximum listening rate, citing simplicity concerns for most people. As well, it also seems like only AntennaPod goes up to 4x for podcasts, most podcast players I've seen only go to 3x [6].

[0] Udeler - https://github.com/FaisalUmair/udemy-downloader-gui

[1] Speed - https://chrome.google.com/webstore/detail/speed-global-video...

[2] SMPlayer - https://www.smplayer.info/

[3] Firefox bug with time-stretching - https://bugzilla.mozilla.org/show_bug.cgi?id=1427267

[4] SMPlayer solution for time-stretching - https://forum.smplayer.info/viewtopic.php?f=2&t=9069

[5] Voice Audiobook Player fork - https://github.com/brandonocasey/Voice

[6] AntennaPod - https://antennapod.org/

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

#93
post #62

My issue with Udemy isn't their constant "sales" or the way they treat their tutors. It's the 95% amount of crap on the platform. It's genuinely difficult to sort the good quality courses from the tons of bad courses. Especially the ones that have got tons of 5 star ratings but only because the tutor promised them another free course if they rate 5 stars. Just because everyone can upload a course to Udemy, doesn't me…

I've bought ~20 courses on Udemy; variety of software engineering; music lessons; language lessons; and random; not a single one had reasonable "information density" - i.e., I'm sure if I watched all 20 hours I'd pick up some useful information, but probably only an hour's worth. I've since moved to mostly either using free Youtube videos and just picking specific knowledge I need, or paying much more for targeted pr…

Course creators are incentivized to add quantity not quality of content. 'Become a web developer from scratch' is ~40 hours of mostly shite content and it has sold tens of thousands on Udemy.

Most people don't take their courses so content doesn't really matter.

Udemy is a flash sale coupon course platform. Some people do actually learning on it but not very many.

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

#94

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.

Exactly. I respect Udacity's founder Sebastian Thrun for actually owning up to the fact that very little learning was happening on Udacity and that they needed to work on that. They actually cared.

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

#95
post #62

My issue with Udemy isn't their constant "sales" or the way they treat their tutors. It's the 95% amount of crap on the platform. It's genuinely difficult to sort the good quality courses from the tons of bad courses. Especially the ones that have got tons of 5 star ratings but only because the tutor promised them another free course if they rate 5 stars. Just because everyone can upload a course to Udemy, doesn't me…

Udemy sometimes is a circus : https://www.udemy.com/course/remote-viewing-basics/

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

#96
post #62

My issue with Udemy isn't their constant "sales" or the way they treat their tutors. It's the 95% amount of crap on the platform. It's genuinely difficult to sort the good quality courses from the tons of bad courses. Especially the ones that have got tons of 5 star ratings but only because the tutor promised them another free course if they rate 5 stars. Just because everyone can upload a course to Udemy, doesn't me…

> My issue with Udemy isn't their constant "sales" or the way they treat their tutors.

Which was the same half a decade ago except they just sold another $50M worth of shares and will keep doing this for another half a decade.

Occasionally there are some gems. But yes like others have said I have gotten more value from free youtube courses in the last 2 or 3 years. Udemy courses have more so pointed me in the right direction, introduced me to concepts that improved my search strings to find what I really needed to know. I'm fine paying for that. I find that Udemy is really an incentive to learning how to funnel viewers to your own sites where you can still host on Udemy but they take less of a cut.

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

#97

I take a lot of Udemy courses. When I want to learn something new I generally buy a course (look for at least 4 stars and a minimum 500 votes, though popular topics will have thousands of ratings) and binge-watch the entire thing in a couple of days. It gives me an idea of what's possible with this particular technology. Later when I really need to use that technology I spend futher time doing code examples etc. Has…

I've found this person's courses [0] to be very high quality, and they go through pretty advanced topics, such as convolutional neural networks for natural language processing, which might be to your point.

[0] https://deeplearningcourses.com/course_order

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

#98
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…

You are a Udemy affiliate?

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

#99
post #60

Udemy is one of the most corrupt / worst marketplaces I've ever encountered in the world -- for the folks who make courses at least. For reference I've had some of my courses on their platform for years and it's not like I'm bitter because no one bought my courses. I've made a solid amount of money there over the years (6 figures). The problem is they constantly sell your course for $10 and then take 50%+. Any traffi…

Udemy is in business to make money. Be it the 50% or tweaking SERPs, why shouldn't they do that?

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

#100
The change in Udemy's pricing policy after 2016 - applying aggressive discounts and setting maximum prices for courses - has affected many instructors in a bad way. This is directly related to the perceived low quality of their courses (obviously with exceptions). Many instructors today use Udemy to try to attract traffic to their own websites where they sell the "best versions" of their courses.
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