Coursera

“The person that we were doing the user test with, this guy named Payam, who's an amazing designer, then was working at Coursera. And the next day, he followed up with, like, this super long doc. I mean, it was eight to 10 pages. And it laid out basically a lot…”

“We were the largest shareholder of Coursera. Eight hundred million dollars back to LPs on Coursera.”

“We owned 16% of Coursera when it went public.”

“The second deal that really stands out was Coursera, who also closed in, in 2014. They paid us, they were the biggest deal at the time. They paid us 10,000 dollars a month. And so, you know, that was like, you know, probably, you know, like close to half or, y…”

“And so that wound up, I mean, it varied across courses. So if you like use 95% as a benchmark, we were seeing in cases like 80, 75%.”

“So, so therefore the completion rates on platforms like Coursera and edX were very poor, continue to be very low.”

“When I started Coursera back in 2011, 2012, a big data set was a couple hundred samples. That was really big, ok?”

“When I was in Iran a month ago, all the young people wanted to show me on their smart devices, not only how they were all on our social networks, which allows them to see each other as well as to see other parts of the world, all of them had access to Coursera…”

“A lot of the MOOC companies, they're the massively online course companies like Coursera and Udacity, et cetera. The retention numbers for their courses are abysmal. I mean, of the number of people that sign up, something like one and a half percent or two per…”

“Course completion rates in Coursera are less than 15%. Same for Udacity, Udemy, all those guys.”