In 2025, Udemy hit its first profitable year, but its Q4 2025 ended in a loss. A few days after announcing the numbers, the stock reached an all-time low. The company didn’t have an earnings call, nor did it release an investor presentation because of its pending merger with Coursera. The earnings call would have been helpful to break down the numbers, since the numbers look bleak from an investor’s perspective. The overall revenue has fallen for the first time since the company went public, a

This year, Duolingo announced a major strategic shift: from monetization to user growth, with a target of 100 million daily active users by the end of 2028. To get there, it needs to grow about 25% year over year, every quarter. In Q2 2026, daily users grew 23%, to 58.7 million, the first time growth has sped up in two years. Duolingo also disclosed a roughly $10 million bonus that pays out if Q4 growth hits 25% or more. Paid subscribers grew by about 200,000 in the quarter, the fewest since 2

TL;DR  On the surface, Miro acquired an online learning platform. In reality, it acquired two founders, three AI products, and a team that shipped five products in nine months. Reforge Learning stays as a standalone brand. But its Insights, Research, and Build solutions integrate into Miro’s platform. Brian Balfour joins as Chief Growth Officer and Tom Willerer as Chief Strategy Officer.   When I first read that Miro acquired Reforge, I presumed Miro wanted to get into edtech. After all, M

The 2024 edition of the conference will be held on July 2–5 in South Africa, at Stellenbosch University.