Techno-News Blog

August 13, 2013

Coursera billed as the Amazon of education

Filed under: Uncategorized — admin @ 12:20 am

by TIM DODD, Australian Financial Review

Investors in Coursera, the world’s largest massive open online course (MOOC) provider are confident the company will arrive at a sustainable business model, says its co-founder, Daphne Koller. Ms Koller, who set up Coursera last year with fellow Stanford IT professor Andrew Ng, now offers more than 400 free online courses from 84 partners which are mainly universities.  “Our investors are quite confident that, with the kind of traffic that we are getting . . . [and] the retention of students who come back to take class after class, it will not be a problem to make this a sustainable model,” Ms Koller said. Coursera is larger than its major competitors, edX and Udacity, and Ms Koller said Coursera’s aim was to be offering 5000 courses in three to five years, “the same as a moderately large university”.

http://www.afr.com/p/national/education/coursera_billed_as_the_amazon_of_z43H3MRVetLGEQt49zjzbN

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