DevSlopes

13 statements across 1 episodes · 6 bullish · 1 bearish · 1 people on the record · first statement Sep 17, 2017 by Evan Leong · said 16 times in 2 episodes since 2017 · across every show →

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brought up most by Nathan Latka (16)

mentionsepisodesper episode tap a year for its mentions

2017 16 mentions in 2 episodes 8 per episode

785: He Makes $500k+ From Udemy Helping You Code Sep 17, 2017 · 15 mentions · from 0:00
784: Crypto: How ICO Companies Turn Money Raised Into Cash-In-Bank To Fund Growth Sep 16, 2017 · 1 mention · from 2:02
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Everything said about DevSlopes, oldest first

Sep 17, 2017 neutral

Disclosure

Leong: Udemy generates 90% of DevSlopes' marketplace revenue

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

Evan Leong Sep 17, 2017 ▶ 10:58 785: He Makes $500k+ From Udemy Helping You Code

Sep 17, 2017

Disclosure

DevSlopes is transitioning from course sales to a SaaS subscription model

“We've been around for around a year, year and a half, and we have been selling our courses online and through our platform, and then more recently, like in the past month, we just coded our subscription model so we're starting to convert over to SaaS.”

Evan Leong Sep 17, 2017 ▶ 2:58 785: He Makes $500k+ From Udemy Helping You Code

Sep 17, 2017 positive

Assertion Supported

DevSlopes' CEO grew his Udemy student base to over 100,000

“At the time when we started, when we decided to start, it was, he had 40,000 students on, on Udemy, and now that's, I think, a little north of a hundred, Thousand.”

Evan Leong Sep 17, 2017 ▶ 7:58 785: He Makes $500k+ From Udemy Helping You Code

Sep 17, 2017 positive

Assertion Not checkable as stated

Udemy favors promoting comprehensive 30- to 60-hour coding courses

“They like to promote like full on, you know, full blown, 30 to 60 hour courses that take you from like knowing absolutely nothing to like getting you up and running.”

Evan Leong Sep 17, 2017 ▶ 10:25 785: He Makes $500k+ From Udemy Helping You Code

Sep 17, 2017 positive

Assertion Not checkable as stated

DevSlopes generated $600,000 in revenue in its first year

“I think we did 600,000.”

Evan Leong Sep 17, 2017 ▶ 5:54 785: He Makes $500k+ From Udemy Helping You Code

Sep 17, 2017

Assertion Not checkable as stated

DevSlopes subscribers pay an average of slightly over $20 monthly

“On average, they pay around 20, a little over 20 dollars a month because we have plans ranging from, you know, like, 15 dollars a month for the year, or, you know, 25 dollars a month for the month”

Evan Leong Sep 17, 2017 ▶ 3:32 785: He Makes $500k+ From Udemy Helping You Code

Sep 17, 2017 bullish

Disclosure

Leong: DevSlopes targets $1 million in revenue this year

“Well, our goal is, is a million. hopefully between the SAS model and selling our courses, all the car we can get there.”

Evan Leong Sep 17, 2017 ▶ 6:03 785: He Makes $500k+ From Udemy Helping You Code

Sep 17, 2017 positive

Assertion Not checkable as stated

DevSlopes gained roughly 130 subscriptions upon launching its SaaS tier

“We so we launched last month, and out the gate we garnered around a 130 subscriptions.”

Evan Leong Sep 17, 2017 ▶ 3:20 785: He Makes $500k+ From Udemy Helping You Code

Sep 17, 2017

Assertion Supported

DevSlopes raised approximately $190,000 on Kickstarter

“We raised around a 190,000.”

Evan Leong Sep 17, 2017 ▶ 4:15 785: He Makes $500k+ From Udemy Helping You Code

Sep 17, 2017

Assertion Not publicly verifiable

DevSlopes raised roughly $300,000 from musician Redfoo

“We raised a, an additional 300,000 roughly from, it's really funny, from Redfu from LMFAO.”

Evan Leong Sep 17, 2017 ▶ 5:19 785: He Makes $500k+ From Udemy Helping You Code

Sep 17, 2017

Assertion Supported

Udemy promotions routinely discount $200 courses to $10 or $15

“Udemy does their promotions, and so, like, a course that we would normally charge, like, 200 dollars for, all of a sudden, one month could be, you know, 10 or 15 dollars.”

Evan Leong Sep 17, 2017 ▶ 12:46 785: He Makes $500k+ From Udemy Helping You Code

Sep 17, 2017 positive

Disclosure

Mac App Store feature boosted daily downloads from 50 to 400

“Luckily we just got featured in the in the Mac app store. So that number kind of jumped. We're doing 50 downloads a day roughly. And then now that's around like anywhere from like two to 400.”

Evan Leong Sep 17, 2017 ▶ 13:42 785: He Makes $500k+ From Udemy Helping You Code

Sep 17, 2017 negative

Disclosure

Leong: Initial Facebook ads generated zero paying customers for DevSlopes

“We actually, we didn't get any like paid customers per se, but we did get a lot of clicks and A lot of clicks, a lot of impressions, but the way that we're tracking it, we didn't see any uptick in customers.”

Evan Leong Sep 17, 2017 ▶ 12:04 785: He Makes $500k+ From Udemy Helping You Code

DevSlopes

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Everything said about DevSlopes, oldest first

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