Coursera

Coursera believes that:

“Learning is the source of human progress”.

We do too. That’s why we invested in Coursera in June 2019.

At the time, Coursera’s quarterly revenues were below $40 million. Now they are over $100 million.

Higher education is being replatformed, and Coursera, with its 87 million registered learners, is one of the driving forces transforming the higher education industry.

In the relentless search for productivity increase, businesses worldwide are being automated at an ever-increasing pace, which jeopardizes the jobs of low skilled workers. In tandem, the emerging job opportunities are intensive in digital skills – data analysts, AI analysts, information security analysts, and so on.

So, Coursera established itself as one of the main bridges to world-class tech learning, offering a unique catch-up opportunity for a dumbed down (by government’s regulated “education”) youth. Coursera platform connects learners, educators, and enterprises in order to provide tech educational content that is affordable, accessible, and relevant.

Coursera IPOed on March 31, 2021. Now, after ending the six-month lockup period, our club deal Brazilian investors achieved a Net Appreciation of 190.1% (298.1% in R$) in 25.5 months, equivalent to a Net IRR of 65.1% (91.6% in R$).

Conclusion

At Fabrica Ventures we are doubling down our bet in edtech platforms with Udacity, another colossal bridge built upon vocational tech students.

In the meantime, our investors are probably savoring the moment with a Napa Pinot Noir.