The company noted the layoffs were the result of winding down certain business lines related to the pandemic and a shift to focus on profitability.
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Darren Shimkus spent five years scaling Udemy, a corporate learning business, from $1 million in annual recurring revenue to $100 million. Eight months before the education company went public, though
Two years into the pandemic, online conversations are for many of us still the primary interactions that we are having every day, and we are collectively having billions of them. But as many of us hav
While both LinkedIn and Y Combinator are still going strong, a new crop of companies are looking to fill the gap via structured online experiences that combine training and connections.
One of the most important things founders should remember is that maximizing the take rate of the platform is not the goal.
After Nubank filed its F-1, Natasha Mascarenhas and Alex Wilhelm dissected the document to learn more about the operations of one of the world's largest startups.
The Udemy IPO might seem like good news. After all, the company sold more than $420 million worth of its stock while going public at a price that surpassed its final private-market price. And yet.
Udemy's slowing revenue growth is not bullish for edtech valuations more broadly; the company's modest resulting revenue multiple is also somewhat beige.
No one’s going to tell you when your startup has reached product-market fit — there are no flashing lights, no siren, no balloons falling from the ceiling. “Especially for first-time founder
Natasha and Mary Ann and Alex were all aboard this week with Grace on the dials, which meant that we had a flat lovely time recording Equity for you. Of course, Equity is TechCrunch’s ventu
If we only valued Udemy on its business revenues, at its final private-market valuation, it would be worth 4.5x its Q2 2021 ARR. That's incredibly cheap.
Rent the Runway has a truly epic selection of items, and shopping for designer items at rental prices is good fun. But is it a good business?
Entrepreneurs need to convince employers to turn to edtech for a solution more elusive than even education: motivation.
Udemy, which launched more than a decade ago, has sold courses to 50 million students through its digital learning platform. But new president Greg Brown sees “exponential growth” opportunities in
In an unprecedented work environment defined by distributed teams and virtual-only communication, two co-founders think their 2018 bet reigns truer than ever: mentors need mentorship, too. Christine T
Last week, Udemy, an online learning marketplace, raised $50 million at a $3.32 billion valuation, up from a $2 billion valuation earlier this year. Language learning app Duolingo raised $35 million o
Time flies. It was nearly a year ago that The Exchange started keeping tabs on startups that managed to reach $100 million in annual recurring revenue, or ARR. Our goal was to determine which unicorns
Online education has been one of the hotspots in the tech world this year, as people turn to e-learning tools to fill in the gaps variously arising from closed schools, closed offices, social distanci
In 2009, Udemy co-founder Gagan Biyani tried to convince people to learn online through live classes. But what he discovered instead was that everyone wanted an online repository of content that allow