59. A masterclass in crowdsourcing, w/Duolingo's Luis von Ahn

Masters of Scale

WaitWhat

Entrepreneurship, Business, Management, Reid Hoffman, Mindset, Diversity & Inclusion, Jeff Berman, Bob Safian, Startups

4.6 • 4.4K Ratings

🗓️ 26 May 2020

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

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Summary

Crowdsourcing is more than a group of people interested in the same cause, it’s a way to tap skills – and scale – that you don’t have. And when it works, it can be the rocket fuel that launches you to scale further than you could have ever imagined. No one knows this better than Luis von Ahn, founder and CEO of Duolingo. Duolingo is a language app with over 300 million users worldwide, who complete over 7 billion exercises a month. It’s their passion for learning that drives them to create even more content for the app – igniting the rocket fuel that Duolingo needs. Cameo appearance by Elizabeth Sampat (game designer and author).

Read a transcript of this interview at: https://mastersofscale.com/luis-von-ahn/

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Transcript

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0:00.0	Hi listeners, it's Chris Goethea, producer on Masters of Scale.
0:03.2	Quickly dropping in with an invitation for you to join us at an upcoming strategy session with Reed,
0:07.9	along with a few very special guests. During this live virtual event, you'll hear some game-changing
0:14.0	wisdom and insights that will help you make smart and financial decisions for your business.
0:18.4	So take a second to save the data in your calendar for Monday, May 8th at 3.30pm Pacific,
0:23.2	and register at mastersofscale.com forward slash strategy session to receive your link to join.
0:29.6	We'll be tackling some of the most top of mind questions for entrepreneurs,
0:32.8	with a special focus on how your business can thrive even amidst an economic downturn.
0:38.0	It's a really important topic, and you'll hear timely strategic insights that will help set you
0:42.8	and your business up for success. So go to mastersofscale.com forward slash strategy session to
0:49.2	register for free. Now on to the show.
0:52.1	I was going to make a gym.
1:01.8	That was going to be free.
1:04.9	Anybody could go there, imagine it's a free gym. It's amazing.
1:09.6	That's Luis Fonan, founder of Language Learning app, Duo Lingo,
1:14.3	describing a game-changing idea he had at the age of 12 to disrupt the fitness world.
1:20.4	I thought this was a unique idea that was going to completely revolutionize the world.
1:25.5	What was it that made this idea so revolutionary?
1:29.6	It would harness the power of gym goers to generate electricity.
1:37.6	We're going to connect all the exercise equipment to the power grid,
1:40.9	and we're going to sell that electricity to the power company, and that's how we were going to make money.
1:45.6	Young Luis feverishly doodled, weird and wonderful designs for his free gym, exercise bikes hooked
	...

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