360° Coverage : With 24 Million Students, Codecademy Is Bigger Than You Thought

2 Updates

With 24 Million Students, Codecademy Is Bigger Than You Thought

Apr 23 2014, 10:56am CDT | by

Way back in the heady days of early 2012, Codecademy became a darling of New York tech world after attracting 200,000 students in seven days through its wildly popular Code Year campaign. There were...

Filed under: news

 
 
 

18 weeks ago

With 24 Million Students, Codecademy Is Bigger Than You Thought

Apr 23 2014, 10:56am CDT | by

Way back in the heady days of early 2012, Codecademy became a darling of New York tech world after attracting 200,000 students in seven days through its wildly popular Code Year campaign. There were write-ups in just about every press outlet you can imagine, including this one. After that splash of fame though, the company, which offers interactive online tutorials in computer programming languages like Python, Ruby and Javascript, hasn’t made much of a fuss since it raised a $10 million Series B round in June 2012.

Today it’s come out of PR dormancy with some large numbers to share. According to Zach Sims, the company’s 23 year-old CEO, 24 million people have taken a course on the site. That’s translated into 1 billion lines of code and the creation of 100,000 student-made courses.

Though vague—that 24 million user number includes those who completed a problem and never returned, along with those who’ve stuck with it for years—it’s still an impressive figure. When compared to other online education companies, who appear to use the same metric, it looks even more impressive.

Coursera, for example, boasts 7.4 million students while Udacity, run by ex-Googler Sebastian Thrun, last reported 1.6 million in November 2013. EdX also last reported 1.6 million. Udemy, meanwhile, is probably somewhere between 1 and 2 million.

So Codecademy, which is only tackling a niche in online education, albeit an important one, appears to be leading the entire space in terms of registered users. And by “leading” I mean crushing its nearest competitor by a factor of more than three.

And then there’s Treehouse, a Florida-based company that charges $25-$50 monthly for access to coding courses. It’s well funded by the likes of Chamath Palihapitiya and Greylock Partners. Though it appears to have less than 100,000 users, those users pay. Meaning the company has one thing Codecademy that does not: millions of dollars in sales.

Sims, now the head of a 23-person company, has striven for scale rather than revenue to date, the former of which he’s accomplished. He aims to unveil a business model by the end of 2014. He didn’t offer much detail beyond asserting that the company is teaching millions of people valuable, directly applicable skills that could easily translate into job offers and salary increases. “There’s a ton of value there,” he says.

He also hinted at broader course offerings to come, likely computer-related subjects like web design and data science.

In the meantime the company is releasing a redesign of the platform, three months in the making. The new design will help students create shareable projects and webpages, like a replica of the Airbnb homepage. Currently students focus on answering discrete computer science problems.

Follow me @JJColao and on Facebook.

2014 30 Under 30 Education

 
Update
2

4 days ago

Khazanah throws MAS RM6b lifeline

Aug 29 2014 5:01pm CDT | Source: Business Times Singapore

August 30, 2014 1:15 AMKHAZANAH Nasional will inject RM6 billion (SS$2.4 billion) over three years to resuscitate loss-making Malaysia Airlines (MAS) under a recovery plan that includes even an Act of Parliament. Other key moves are migrating its operations, assets and liabilities to a new company (NewCo) and slashing the workforce of 20,000 by 30 per ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 
Update
1

5 days ago

MAS posts loss of RM307m for Q2

Aug 28 2014 5:00pm CDT | Source: Business Times Singapore

August 29, 2014 1:13 AMMALAYSIA Airlines (MAS) registered a loss of RM307 million (S$122 million) for the second quarter to end-June, but warned of worse to come in the second half when the "full financial impact of the double trage ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 

Don't miss ...

 

<a href="/latest_stories/all/all/30" rel="author">Forbes</a>
Forbes is among the most trusted resources for the world's business and investment leaders, providing them the uncompromising commentary, concise analysis, relevant tools and real-time reporting they need to succeed at work, profit from investing and have fun with the rewards of winning.

 

blog comments powered by Disqus

Latest stories

US doctor tests positive for Ebola in Liberia
Washington, Sep 3 (IANS) An American missionary doctor working in Liberia has tested positive for the Ebola virus, his organisation SIM USA announced Tuesday.
 
 
IS video shows beheading of second US journalist
Washington, Sep 2 (IANS) Days after the beheading of American photojournalist James Foley, Sunni militant group Islamic State (IS) has posted a video showing the beheading of another kidnapped American journalist Steven Sotloff, CNN reported.
 
 
IS beheads second US journalist
Washington, Sep 2 (IANS) The Islamic State militant organisation has posted a video titled "A second message to America", showing the beheading of American journalist Steven Sotloff, CNN reported.
 
 
India offers red carpet, not red tape, Modi hard sells India (Roundup)
Tokyo, Sep 2 (IANS) Prime Minister Narendra Modi Tuesday hard sold India to Japanese investors saying that his country offers only a red carpet and not red tape while dubbing his five-day trip to Japan that ends Wednesday as "very successful".
 
 
 

Latest from the Network

11 killed in Argentina van accident
Buenos Aires, Sep 3 (IANS/EFE) At least 11 people were killed Tuesday when a van carrying teachers collided with a truck in Argentina, police said. The accident occurred about 7.45 a.m. near El Simbol, 1,000 km north...
Read more on Politics Balla
 
Diana Ross hosts 'barbecue' for son-daughter-in-law
Los Angeles, Sep 3 (IANS) Legendary singer Diana Ross hosted a "barbecue" for son Evan Ross and his wife Ashley Simpson. The 70-year-old star threw the party Monday for the couple, who exchanged vows on Sunday, to...
Read more on Celebrity Balla
 
Rebels seeking total independence from Ukraine
Kiev, Sep 3 (IANS/EFE) Russian rebels in eastern Ukraine urged Kiev Tuesday to recognise their independence and denied that peace proposals presented a day earlier in Minsk contemplated any plan to stay within Ukraine...
Read more on Politics Balla
 
Britney Spears spends $31,000 on pets
Los Angeles, Sep 3 (IANS) Singer Britney Spears' pets are living the life most humans would envy - she reportedly spent over $30,000 on her dogs. Tmz.com reports that according to new legal documents filed in her...
Read more on Celebrity Balla
 
UN says Gaza destruction 'unprecedented'
United Nations, Sep 3 (IANS) The recent conflict in the Gaza Strip has caused "unprecedented" destruction, leaving hundreds of thousands people homeless, the UN said Tuesday, quoting the latest assessment after the...
Read more on Politics Balla
 
Over 7,200 killed in Syria in August
Cairo, Sep 3 (IANS/EFE) As many as 7,219 people have been killed in Syria in August as fierce fighting continued due to the three-year-old civil war in the country, the Syrian Observatory for Human Rights said Tuesday...
Read more on Politics Balla
 
US doctor tests positive for Ebola in Liberia
Washington, Sep 3 (IANS) An American missionary doctor working in Liberia has tested positive for the Ebola virus, his organisation SIM USA announced Tuesday. The doctor was treating obstetrics patients at ELWA...
Read more on Business Balla
 
Anastacia slams Kim, Kanye
Los Angeles, Sep 3 (IANS) Singer Anastacia slams reality TV star Kim Kardashian and her husband Kanye West saying their need for attention is just so ill placed. The 45-year-old hit out at the star couple for having...
Read more on Celebrity Balla
 
EU to decide on new sanctions on Russia
Brussels, Sep 3 (IANS) The incoming European Union (EU) foreign policy chief Federica Mogherini Tuesday said the EU leaders will decide on new sanctions on Russia by Friday. "The package (of further sanctions) will be...
Read more on Politics Balla
 
Israel 'stands by' new land appropriation in West Bank
Jerusalem, Sep 3 (IANS) Israeli Foreign Minister Avigdor Lieberman Tuesday said his country "stands by its decision" to appropriate 1,000 acre land in the West Bank. "Gush Etzion settlement bloc reflects a wide...
Read more on Politics Balla