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teachable raises $4m to create a tool to turn any online class into a true business – techcrunch

teachable raises $4m to create a tool to turn any online class into a true business – techcrunch News Article With The full text news. The Resource Link is down the post and you can View this News Article in the source page.



teachable raises $4m to create a tool to turn any online class into a true business – techcrunch

online coursework is exploding across all kinds of verticals and fields of expertise — but those courses inevitably end up on platforms like udemy, and for ankur nagpal, that’s really not a way to build a true business.that’s why nagpal started teachable, a platform for experts that want to create a business around their coursework that helps them build an entire online education suite beyond just platforms like coursera or udemy. niche expertise can be way too valuable for just a simple marketplace like coursera, nagpal says, and experts in those areas — even seminars on mindfulness or feng shui — should be able to make more than just a few thousand dollars a year off that coursework. nagpal said the company has raised an additional $4 million in equity from existing investors accomplice ventures and angellist co-founder naval ravikant.“in the past, if you wanted to teach courses, you could either put it in the marketplace or have it on your own website — with your brand and domain name and full control of everything — but there’s no easy way to do it,” nagpal said. “it’s the difference between listing a physical good on amazon and having your own storefront. while you could make a few thousand dollars on udemy, you couldn’t build a sustainable business selling courses for $10 to $15.”that 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 year. teachable has a...