“So, so our programs are typically priced at about two, two and a half lakhs.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Mohan Lakhamraju
Opinion
Lakhamraju: 38 million Indian college students currently receive poor quality education
“There are like, I think, forty million students that are there in higher education today. And, you know, most of them other than probably a million or two million are actually getting very poor quality education.”
Mohan LakhamrajuOct 5, 2020▶ 41:43Mohan Lakhamraju, Founder, Great Learning on building $100 Million ARR EdTech Business in India
Insight
Lakhamraju: India's education system fails to equip students as self-learners
“The call that we took was that to have high quality learning outcomes most people need support and assistance. You know, so our education system in India doesn't really equip us to be good self-learners.”
Mohan LakhamrajuOct 5, 2020▶ 8:13Mohan Lakhamraju, Founder, Great Learning on building $100 Million ARR EdTech Business in India
PredictionDidn’t hold up
Lakhamraju predicts the global corporate training market will transition 100% online
“Maybe some of it for very senior leadership will go back offline, but for most of the others, it's going to be a hundred percent online. So the entire corporate trading market is going to go online.”
Mohan LakhamrajuOct 5, 2020▶ 48:09Mohan Lakhamraju, Founder, Great Learning on building $100 Million ARR EdTech Business in India
AssertionNot checkable as stated
Lakhamraju: Politicians and real estate developers owned most Indian colleges in 2009
“This was a time when most academic institutions were you know, kind of owned and owned by people from real estate, political backgrounds, You know, manufacturing, and all of those kinds of things, and these are not people that were really focused on education,…”
Mohan LakhamrajuOct 5, 2020▶ 5:28Mohan Lakhamraju, Founder, Great Learning on building $100 Million ARR EdTech Business in India
Insight
Lakhamraju: Passion impairs investing because attachment obscures when to sell
“As an investor, you need to be dispassionate, you know? So in fact, passion makes you know, not be a great investor, right? Because you get too attached to different things. You don't really it's hard to, Figure out the right time to sell if you are very passi…”
Mohan LakhamrajuOct 5, 2020▶ 6:09Mohan Lakhamraju, Founder, Great Learning on building $100 Million ARR EdTech Business in India
AssertionSupported
Lakhamraju: Completion rates on Coursera and edX remain very low
“So, so therefore the completion rates on platforms like Coursera and edX were very poor, continue to be very low.”
Mohan LakhamrajuOct 5, 2020▶ 8:34Mohan Lakhamraju, Founder, Great Learning on building $100 Million ARR EdTech Business in India
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