Who to hire and when: CEO of Skillshare, which just raised $66 million - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The CEO of Skillshare, which just raised $66 million in funding, swears by this simple 3-stage growth model that tells you who to hire and when

Founded in 2010, the online learning platform Skillshare recently closed a $66 million Series D funding round, marking a sevenfold increase in its valuation since July 2018.

What started as a company running in-person classes for the creative, business, and tech industries now has 12 million registered global members, 8,000 teachers, and more than 30,000 classes. There are three stages to growth, Cooper said. He calls them "jungle," "dirty road," and "highway." He got the metaphor from Gary Swart, the former CEO of the freelance platform oDesk , where Cooper held several VP roles.

As your company starts to grow, you get to the "dirt road" stage — you're starting to pick up speed, but there are challenges ahead. Here, you start to hire some specialists to work out the more complicated issues, but you still need your handymen, too. When you find your focus early, you can build a better product for your customers. It will also help you decide who you're trying to target. "It's amazing how much stronger your business can be when you make the simple decision about who you're serving and who you're not going to serve," Cooper said. Capital is vital for startups.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Check out my Gig on Fiverr: I will make 3d logo animation videos

Interesting

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside the secret club that helps determine which healthcare startups blow up - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. bielinko
Source: BusinessInsider - 🏆 729. / 51 Read more »

European enterprise investor Dawn Capital raises $400 million - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

US job openings beat estimates, rise for 3rd month while hiring slows - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Pitch deck: How Humanity, a healthtech app, raised a $2.5m seed round - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Mollie: Dutch payments unicorn startup raises $106m from VC fund TCV - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Young Living CEO downplays virus despite staffer's death from COVID-19 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »