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Re:Duolingo reaches $6.5B valuation on day of IPO by jraby3 on Thursday July 29, 2021 @02:42AM (#27993549)
In theory their valuation is based on expected future returns. There are a lot of apps that have no or limited benefits that still drive traffic and revenue (all the brain training apps come to mind).
Re:Duolingo reaches $6.5B valuation on day of IPO by least on Thursday July 29, 2021 @02:55AM (#27993628)
Yes, I agree. I think that there's a lot of value to be extracted from people's desire to learn a language, whether or not the product is actually effective at creating that environment to do so. That's kind of what I meant in my original comment.