INSUBCONTINENT EXCLUSIVE:
that want to create a business around their coursework that helps them build an entire online education suite beyond just platforms like
Nagpal said the company has raised an additional $4 million in equity from existing investors Accomplice Ventures and AngelList co-founder
fundraise, however, comes with a whopping $134 million valuation in the end as the company expects to be profitable by the end of Q4 this
Teachable has around 10 million students across 125,000 courses, with 12,000 paying customers on the platform
Nagpal says it is aiming for a business that will generate more than $200 million in sales this year, which might not be so far off given
focused on marketing or programming, which is where a lot of online coursework got its start when the value of knowledge skills like Ruby or
But since then, Teachable has grown into a platform where users with niche skill sets can create robust coursework, and if they already have
content ready to go like videos, can get their domain up and running in just a few hours
Teachable has a multi-tier pricing structure ranging from taking small transaction fees to a paid subscription of nearly $299 a month in
But the idea is that these seminars have so much value that students who are looking to dive deep into them are willing to go beyond the
cost of just a Udemy in order to get the most valuable content
Teachable aims to make it easy to port the kind of content instructors might post on one of those marketplaces to quickly get them up and
running with their own independent online course.That free plan with a transaction fee is ultimately what at least piques the interest of
paying as they look to attract more and more students and need a more robust toolkit, like advanced reporting
or priority product support
Their content is much more valuable
personality quizzes and really simple flash games in the early days of the Facebook Platform
Getting such an early glimpse at that behavior on the Facebook Platform is pretty controversial today with the massive privacy scandal
Facebook faces after Cambridge Analytica, a political research firm, ended up with personal data of up to 87 million people through a simple
app on the Facebook Platform
The real competition, he says, are platforms like YouTube and other time sinks for content creators
To keep them on board, Teachable hopes to expand to other verticals of content like coaching and services
That, too, might keep it ahead of marketplaces like Coursera and eventually woo instructors with the opportunity to build an entire online
Fanini, Lynda.com CEO Eric Robison, and Getty Images founder Jonathan Klein.
