This is the top entrepreneurs podcast where founders share how they started their companies and got

filthy rich or crash and burn. Each episode features revenue numbers, customer counts, and other

insider information that creates business news headlines. We went from a couple hundred thousand dollars to two point seven million.

I had no money when I started the company.

It was a hundred and sixty million dollars which is the size of any IPOs.

We're a bit strapped.

We have like 22,000 customers.

With over five million downloads in a very short amount of time, major outlets like Inc are calling

us the fastest growing business show on iTunes. I'm your host, Nathan Latka, and here's today's

episode. Hello, everyone. My guest today is Michael Cartoonapacorn. He is the founder of a company

called Skillshare, which is a learning

community for the new economy. Michael, are you ready to take us to the top? Yes, for sure. Thanks for having

me. Good, you bet, man. So tell us first, what is Skillshare doing? What's your business model? How do you make

money? Yeah, so Skillshare is a website where you can take online classes. So kind of works similar to Netflix where you can take, you know, 17,000 online classes for about, you know, $10 a month.

And we really specialize in professional skills within creative business and tech.

So our business model is description.

So we take a percentage of that, which is how we make revenue.

And so is it a pure SaaS player?

Can people buy one-off courses?

Pure SaaS.

So the idea for us is as we add more classes to the platform, it becomes a much better value for students.

So in the early days, we're offering like 100 classes for $10 and now we have 17.

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