Unacademy’s Duolingo is now live
Wonder how at this stage investors are okay with them building new clone products from scratch
Duolingo Revenue : US$531 million Duolingo Profit : US$16.1 million Duolingo Founded : 2011
Unacademy Revenue : US$120 million Unacademy Profit : - US$75 million (Losses) Unacademy Founded : 2015
Not even close to comparison. Indian founders really need to come out of their bubble world.
He made a good point. Duolingo makes money DESPITE that they may not be solving much of problem
If he can solve that with his product, maybe delulu is good
Duolingo is much more effective. But we have very high expectations. We cannot expect to speak easily after 1yr on an app. Even A2 level German learners cannot speak German easily. Immersion is necessary to learn to speak and write.
What he can do is build something like Duolingo for Indian languages. Bangalore techies to pickup Kannada is one easy market.
Your expectations are wrongly calibrated.
1/ people earn money without solving any problem all the time. Why is that even objectionable? (This is not to say duolingo doesn’t)
2/ you know pretty well this is munjal we are talking about. best he can do is copy the app and offer a similar thing with degraded version and experience.
3/ most people don’t know how to learn anything, let alone a language and blame the apps. It’s a fallacy that best teachers can make you learn anything, most of the time it’s nothing to do with them.
Forgot profit. Product wise Duolingo is miles better than "I don't know even the app name"
Did you compare both of the platforms? Can you list the pros & cons of both ? How Duolingo is better?
Una Manzana
Haven’t tried his product yet. But he made a good point. Duolingo doesn’t solve the problem of language learning. It’s a useless game. Just because they are making good profit that doesn’t mean nobody can’t criticise them. Indian startup founders get a lot of hate for making loss making startups. This hate comes mostly from people who is incapable of anything in life. Just to feel something good about themselves. Only a fraction of the population in the world can create companies of billion dollar valuation. But 99.9% of people who mocks Indian loss making startups cannot create a 1 million dollar company.
I will ask my friend to invest 100 rs in my startup for 0.0001% equity. There we have a million dollar company 😂
Wonder how at this stage investors are okay with them building new clone products from scratch
Damn, this is like the entire offline education fraternity playing uno reverse post Byju<>Aakash fuckery Karma i...
Sad state of Indian Edtech. Next would be Unacademy.
First unicorn of 2024 ?