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I've really enjoyed taking courses on Coursera, some paid, but I've mostly audited stuff I've found interesting. Really hoping that they're able to find a way t
by sgpl 6y ago
I've really enjoyed taking courses on Coursera, some paid, but I've mostly audited stuff I've found interesting. Really hoping that they're able to find a way towards profitability and exist as a public company in the long run. Looking at the numbers it doesn't seem like it'll be that hard.
They definitely seemed to have benefitted from covid in terms of registered users which isn't a huge surprise. Registered users from 2019 to 2020 grew by 67%, averaging around 23-24% for the few prior years.
Revenue jumps at a similar rate from 2019 to 2020, from about $184m to 293m, 59% growth.
11,900 degree students at the end of 2020, with degree segment revenue doubling from $15m in 2019 to $30m in 2020.
Some stats from the filing:
year users revenue
2020 - 77m users / $293m
2019 - 46m users / $184m
2018 - 37m users / $141m
2017 - 30m users / $95m
25+ degrees offered in the price range: $9k to $45k
- fny 6y agoThe jump from 2019 to 2020 is enormous compared to their typical growth rate of around 20%. It'll be exciting to see if they can sustain that post COVID.