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30 sats \ 21 replies \ @Undisciplined 10 Feb \ on: The Duolingo Handbook tech
I've always liked Duolingo. My daughter uses their app for little kids.
Nice, they’re a super under-appreciated company. Luis is also a world-class innovator, I believe he invented captchas and was a pioneer in internet crowdfunding.
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Under appreciated?
They are the standard in language learning apps through gamification. Their engagement tactics are also considered the best in the field.
Those were the words from a friend who works in the marketing field. Everyone looks up to Duolingo he said.
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Yeah I think most people still think of them as a gimmick. I think they’re going to be a $1T company one day.
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I'm with you on that one. They are for sure not a gimmick.
I got my "severance" package a few years back when they moved away from the community based approach to source their courses. Now they hire linguists to make the courses. It's gotten very professional.
Still wearing the hoodie they gave me as a thank you for my efforts~~
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Wow, they sourced a course from you before? On physics, or korean language?
A Duolingo contributor hoodie sounds sweet, I'd definitely show that off if I had one.
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Korean language. I got involved after the course had already been created by other volunteers. I was an admin for the part of the platform where people would be asking Korean grammar and vocab questions when their answers got marked wrong.
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Look up Duolingo Incubator. That's how it was called. It was a revolutionary way to grow big at small cost. His captcha experience in crowdsourcing inspired him.
Whoa - 1t based on what exactly?
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The size of the education market being dramatically underestimated because historically it was paid for via our taxes.
Americans spend $10k+/student/year for pretty bad education outcomes.
What do Americans spend on Apple products? $1k/year?
How much revenue do Americans generate for FB/Google? Probably a combined $600-$800/year
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Huh. It's big, but also well-served at every price point, including zero; and especially well-served at $20/mo, racing to zero.
I will stay tuned.
Presumably not just our long-term expectations for the dollar.
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Imagine if you could take over all of education....
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How? Where will the revenue come from? People barely pay for the app. Unless they start getting more users to spend on their products I have a hard time seeing this company get to a $1T market cap.
But it is on my watch list. Flawless balance sheet and projected to grow at a decent clip.
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