MasterClass

“I think a lot of early attempts at online education are taking, you know, universities and schools and academia and putting them online. But really the beauty of the internet is that we can actually go back to first principles and think about how does learning…”

“It will be in every home in America. And then after that, we will go more internationally and broad.”

“So what I decided to do was I created a fake website that had a hundred different online classes that I did not have. I paid a firm in Argentina, I think like I actually helped build the site. I hired some people on TaskRabbit to help write the class text inst…”

“One of the most important things at early stage is speed, and by asking five people for their thoughts and advice, they aren't going to give the same advice, so then you're going to spend a whole bunch of time, and you're going to have to debate it and think a…”

“And then I always times it by two, because however fast and efficient you think you're going to be, everything, when you actually work on it, just takes more time and just costs more.”

“We had raised approximately five million before launch.”

“I have one job, and that job is to make sure that we never run out of money. The only thing that can kill a startup is running out of cash.”

“And then I remember the first time that we got our first yes was from Dustin Hoffman.”

“Rick Yang, who led our B round and is in a fantastic board member I actually pitched him for the A, and Rick passed.”

“That was hard. That probably took like eight to 12 months, and it was only possible because of that first half million.”

“It was pretty mixed. I would say the majority still comes from Masterclass first.”