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“We think of ourselves almost as an anti-marketplace since teachers use us to build their own sites. They control pricing, payments and their entire customer list — there is no centralized repository of classes for students to browse”, Founder and CEO Ankur Nagpal said.
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Founded by Ankur Nagpal, 29, Teachable has raised some $13 million in venture funding to enable over 7 million students to take highly individualized, highly skilled online courses. Nagpal’s platform also gives teacher-entrepreneurs the chance to profit from their pedagogy; Teachable’s 22,000 instructors have earned over $100 million.
Online coursework is exploding across all kinds of verticals and fields of expertise — but those courses inevitably end up on platforms like Udemy, and for Ankur Nagpal, that’s really not a way to build a true business.