[DUPLICATE] What is Sololearn's business model?

Question

I don't see any Advertisement for revenue?
I know this app is the winner at FbStart Apps of the Year Awards, but they earning 100,000$? That's not enough to keep going! I not only love that app but also love that platform! 💕!.. We are has responsibility to help them to!!

Answer 1

The explanation is that they have a seed round (money given to start a business from investors until they can generate money) led by Learn Capital, with many other private investors. This is how they have money to run this. However, supposedly they need to make money for those investors. I have a couple ideas...
1a: They're not making money. They've taken the funds and decided to not earn anything, despite the investors.
1b: They're not making money, but the investors are okay with this. Programming jobs are in demand, and creating more programmers may indirectly earn them money.
2a: They're making money. How? Well there is a saying that if something is completely free, maybe you're the product. Perhaps they're selling data about us from our phones to companies.
2b: They're making money, because it's a charitable cause. I guess.
3: They will roll out ways to monetize their platform at a later date, and it's currently free to bring in as much users as possible so they can get the most money from them.
I love this app, and their platform, and think the work they are doing is awesome. But companies have to make money, or they die. So either they die due to 1a, or somehow make money off the other options. I'm hoping it's not 2a or 3.
https://www.sololearn.com/discuss/699783/?ref=app
https://www.sololearn.com/Discuss/158386/how-does-sololearn-make-money-theories

Credit :: AhriFox

Answer 2

I'm searching before, but not saw any same questions! 💖💗, I think sololearn be going to the new awesome generation social networks😹

Answer 3

@Vishal Pal: nice information💖

Answer 4

Biel Blue hihi 😃😃

Answer 5

https://www.crunchbase.com/organization/sololearn

To add to what @Vishal Pal said. This link shows the amount of money received by its two investors

Answer 6

They are selling our codes

Answer 7

They use algorithms, to see how good people could code and they give that info to companies and investors depending what u can do, just my thought.

Answer 8

great question Lee See Raa
and
great answer Vishal Pal [Meawo]

Answer 9

Biel Blue yes , it is a great question but the answer is not mine.

Answer 10

Maybe we give money to them

Answer 11

perhaps they have algorithms that are watching us learn code and in turn creates better algorithms based on user data. I'm not sure but so far I've been enjoying their features.

Answer 12

@Lee See Raa: wouldn't that be great 😏

Answer 13

Good questions. I would be interested in hearing from the company on this.

Answer 14

I'm sorta willing to pay an optional subscription per month to support Sololearn so long as it isn't too pricey. $1-2 would be good.

Answer 15

it’s about getting higher our knowledge about digital would and we helpful to them for make a better language

Answer 16

I believe advertising is the biggest source of revenue these days.

Answer 17

Solo learn真的是我用过的编程软件里最良心的了

Answer 18

Hi there,

Sololearn primarily operates on a freemium business model. While most of their content is free, they offer a premium subscription that provides additional features, such as an ad-free experience, offline access, and more advanced learning tools. This subscription model helps generate revenue without relying heavily on advertisements.

It's also worth noting that winning awards and recognition, like the FbStart Apps of the Year Awards, helps attract more users and potential investors, which can further support their financial sustainability.

As a business owner myself, I'm always looking for ways to improve and optimize my business. One tool that has been incredibly helpful is the OKR (Objectives and Key Results) framework. For anyone interested in learning more about it, I recommend checking out this informative resource: https://oboard.io/infographics/okr-acronym.

Let's continue to support great platforms like Sololearn and help them thrive!

Answer 19

هلو

Answer 20

مرحبا