When it comes to fundraising or types of capital, optionality has been the term du jour in the current tech environment.
Quick observations on Udemy’s unicorn edtech IPO
The Udemy IPO might seem like good news. After all, the company sold more than $420 million worth of its stock while going public at a price that surpassed its final private-market price. And yet.
Udemy targets valuation of $4B in major edtech IPO
Udemy’s slowing revenue growth is not bullish for edtech valuations more broadly; the company’s modest resulting revenue multiple is also somewhat beige.
Udemy files to go public on back of growing B2B incomes
If we only valued Udemy on its business revenues, at its final private-market valuation, it would be worth 4.5x its Q2 2021 ARR. That’s incredibly cheap.
Employers are consumer edtech’s next beta test
Entrepreneurs need to convince employers to turn to edtech for a solution more elusive than even education: motivation.
Duolingo doesn’t want to disrupt the college degree
CEO and co-founder Luis von Ahn returned to Disrupt this year to explain how the sophistication of public markets impacts the company’s strategy.
What we can learn from edtech startups’ expansion efforts in Europe
Unlike their neighbors in fintech, it’s assumed that edtech companies need to expand to a number of big markets in order to reach a scale that makes them attractive to VCs.
Edtech leans into the creator economy with cohort-based classes
Edtech’s boom is rivaled by that of the creator economy, which promises to help creators monetize and democratize their passions, all while maintaining their identity.
The China tech crackdown continues
We should expect more of the same from the Chinese government: More complaints about the impact of “excessive” capital in its industries, more tumbling share prices and more held IPOs.
Duolingo’s IPO pricing is great news for edtech startups
Duolingo, a consumer edtech company, is now more valuable per revenue dollar than the median public enterprise SaaS business.