Re:Coursera valued at $2.5B after a finance round of additio...
by nabaraz on Saturday July 18, 2020 @07:30PM
(#23885694)
Why is everything with B a bubble?
Its revenue went from $60M(2016) to $170M(2019) [1]. In 2019, it reported over 45 million learners on its platform. It is adding enterprise customers at a steady pace [2].
A conservative estimate of 250 million revenue in 2020 puts it at 10x revenue. This is pretty normal for a SAAS company that is growing 50% y/y.
Its revenue went from $60M(2016) to $170M(2019) [1]. In 2019, it reported over 45 million learners on its platform. It is adding enterprise customers at a steady pace [2].
A conservative estimate of 250 million revenue in 2020 puts it at 10x revenue. This is pretty normal for a SAAS company that is growing 50% y/y.
1. https://www.classcentral.com/report/coursera-2019-year-revie... 2. https://www.forbes.com/sites/susanadams/2019/04/25/online-ed...