Continuing education start-up Skillshare, founded by former Hot Potato head of product Mike Karnjanaprakorn and veteran CTO Malcolm Ong, has been growing slowly since it first started offering classes in New York City in the spring after raising $550,000 from Founder Collective, SV Angel, Collaborative Fund and angel investors including Meetup’s Scott Heiferman and TechStars’s David Tisch. “When we first launched, we got a lot of feedback like ‘why is this closed, why isn’t this open everywhere?’ But for us it was like we really abide by the lean start-up philosophy,” Mr. Karnjanaprakorn told Betabeat last week.
He and Mr. Ong decided to limit Skillshare, which lets users offer small, paid classes in anything from computer programming to making chocolate, viewing New York as a sandbox for the company to work out any bugs and, you know, see if anyone would want to use it.
Turns out they did. “We have teachers that make a lot of money on the platform, thousands of dollars,” he said, citing one teacher who does a class in Ruby on Rails. Read More