Dive Summary:
- Udemy, the San Francisco-based online learning startup, reported that approximately one-quarter of their approved instructors earn at least $10,000 annually from their online classes.
- While some courses are free, the average Udemy course costs between $19 and $199; Udemy collects 30% of a course's earnings.
- The site boasts an estimated 400,000 registered students, a 520% increase from last year; the most popular classes draw anywhere between 500 to a few thousand students.
From the article:
"... The San Francisco-based startup told GigaOM that a quarter of its approved instructors will close out the year with at least $10,000 in income from courses purchased on its site. The company declined to share the total number of instructors offering classes on Udemy but said the figure has climbed 300 percent in the last year. About 60 percent of all instructors on the site are 'approved,' meaning their courses meet a checklist of standards and can be searchable by students online. The site has attracted about 400,000 registered students, which is about a 520 percent increase from last year. ..."
