Skillshare

“So you can, it's either 15 dollars a month or a hundred dollars a year. So about half of our users opt into one of those two plans.”

“So every year as we have more content, we see that number go up which also drives up engagement and drives down revenue churn. So we definitely see a correlation for sure.”

“About an hour, which is roughly maybe one and a half classes.”

“To narrow that list down, you know, the filter I had was like, would I be able to work on this for 10 plus years? And it narrowed it down to things that are very impact and mission driven.”

“So we have about three, three and a half million registered users, 17,000 online course classes from about 5000 teachers.”

“We're doubling year over year revenues and, you know, way above ten million.”

“Our vision is to create what we call this ecosystem for the new economy. So we want to add a career layer where we can start recommending jobs, other pieces of content for you, other people you should interact with.”

“So I would say we're definitely, you know, in the single digits for monthly churn it improves year over year.”

“We launched Skillshare with, you know, less than 25 K your own money, our own capital. Honestly, we only spent probably five K of it. And then today we've raised about twenty five million to date.”

“If you think about publishing, you think about entertainment, think about music, all of those businesses on their internet, you know, they all fell to subscription models that had the biggest libraries. And those are the ones that usually win over time.”

“And we think as we add more classes, we'll have a 100,000, if not a million courses on every single skill for one set price.”

“I think for our price point, for any consumer SaaS description business, you'll see, you know, CAC rate from anywhere from 10 to 50 dollars. For a price point anywhere between let's say five and 20 dollars per month. So let's say we're within that range.”

“Udemy takes, like, I would say right now, like, 90% of it. And then the other 10% is, like, scattered across the Skillshare.”

“We looked at education for about three years before we made our first education investment, and then we quickly made about five or six. So we have Edmodo, Duolingo, Codecademy, Skillshare, Stack Exchange, if you want to call that education.”