How was Udemy started?

In 2007, Udemy (you-de-mee, portmanteau of you + academy) founders Eren Bali and Oktay Caglar built a software for a live virtual classroom while living in Turkey . They saw potential in making the product free for everyone, and moved to Silicon Valley to found a company two years later.

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How was Udemy started?

In 2007, Udemy (you-de-mee, portmanteau of you + academy) founders Eren Bali and Oktay Caglar built a software for a live virtual classroom while living in Turkey . They saw potential in making the product free for everyone, and moved to Silicon Valley to found a company two years later.

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How did Udemy get instructors?

When it started, Udemy struggled to get instructors to start teaching on their platform. Gagan spent first 6 months of the company cold calling instructors and asking them to put courses on their platform . Udemy had no reputation or success stories of instructors making a living on their site.16 Ara 2014

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How did Udemy get instructors?

When it started, Udemy struggled to get instructors to start teaching on their platform. Gagan spent first 6 months of the company cold calling instructors and asking them to put courses on their platform . Udemy had no reputation or success stories of instructors making a living on their site.16 Ara 2014

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How does Udemy generate revenue?

In simple terms, Udemy acts as a mediator between instructors and learners – just like eBay acts as a mediator between buyers and sellers. On Udemy, instructors decide the cost of their courses. Udemy earns commission from instructors for giving them access to its platform for selling to millions .

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How does Udemy generate revenue?

In simple terms, Udemy acts as a mediator between instructors and learners – just like eBay acts as a mediator between buyers and sellers. On Udemy, instructors decide the cost of their courses. Udemy earns commission from instructors for giving them access to its platform for selling to millions .

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What is Udemy’s business model?

The business model of Udemy is based on charging instructors a fee for every course sale made on its platform . The fee ranges from 3 to 75 percent and depends on how the user was acquired. Additionally, Udemy charges a yearly subscription that gives businesses (and their employees) access to the platform’s content.

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