Lemkin: Vista Equity Partners is writing its $3.5B Pluralsight investment to zero
“Vista, which is one of the two or three biggest folks that buy SaaS companies, Vista, Tomo Bravo, a few others, they bought Pluralsight. They're writing the entire 3.5 billion investment to zero.”
Eisenberg predicts more private equity software investments will see Pluralsight-style zeroes
“I'm not concerned. I'm certain. It's happening.”
Stebbings: Vista wrote down its $3.5B Pluralsight acquisition to zero
“So the Pluralsight news was that Vista wrote down their three and a half billion dollar buyout of Pluralsight last week to zero.”
Beechuk: A Pluralsight Rep Won A Multimillion-Dollar Salesforce Deal Via Apple Pie
“So, a series of meetings, one thing led to another, and we, he closed a multi-million dollar deal. Not bad for a 50 dollar apple pie.”
Parr: Multiple B2B corporate training companies generate $300M-$500M annually
“There's actually a bunch of more, a bunch more. And they, there's many of them that do 304 105 hundred million dollars a year in revenue.”
Carson: Treehouse consumer retention is better than Pluralsight and Lynda
“You know, we have pretty good retention, you know, a little better than Pluralsight, a little better than Linda, but still it's not a rocket business.”
Tony Conrad predicts Pluralsight will IPO within several years
“It was acquired by a company called Pluralsight, which is a very large private company that I think is marching towards a public market offering sometime in the next several years.”
Pluralsight waited nine years before raising its first outside funding
“Nine years in.”
Pluralsight's top author earned over $2M in royalties in 2015
“Our top earning authors today, and last year our top author made over two million dollars in royalties in a single year.”
Skonnard: Pluralsight will never publish duplicate courses on the same topic
“So we'll, we'll never publish two of the same thing, right?”
Skonnard: Tech-specific skill credentials will replace branded higher education degrees
“Technology-oriented assessments, or understanding, assessments that measure the understanding of real, you know, complex technologies, is, is going to drive the way, ah, modern organizations think about, Acquiring talent, managing talent, and you know, plannin…”
Skonnard: Pluralsight can score technical proficiency in ten questions and two minutes
“Usually we can do that if we have enough, ah, if we have enough, ah, data, we can, in a particular topic area, we can do it in about 10 questions. So in literally about two minutes, we can give someone what feels something like a GMAT score for a particular te…”
Skonnard: Adaptive learning bet can grow Pluralsight to $10B-$20B
“That's our big bet for the future that will, Take Pluralsight from being a billion dollar company to a 10, twenty billion dollar company, is if that actually works.”
Skonnard: Focus on technology domain makes adaptive learning easier to solve
“They're trying to solve, I think, a much harder problem because they're trying to do it for all of learning. And we're taking a very specific approach in a, in the technology domain, which I think is a little easier to solve this, some of these problems around…”
Pluralsight authors with 5+ courses earn ~$3,500 median per course quarterly
“If you've published more than five courses with us on the platform, the median is about 3500 dollars per course per quarter. And then the average would be slightly lower than that, probably about 2700.”
Skonnard expects Pluralsight's enterprise pricing to hold while individual pricing drops
“And so over time, I would see the enterprise price point staying where it's at, and the individual price point coming way down.”