Game of Tongues: How Duolingo Built A $700 Million Business With Its Addictive Language-Learning App

  • 📰 Forbes
  • ⏱ Reading Time:
  • 74 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 53%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

How Duolingo built a $700 million business with its addictive language-learning app:

eg for your life in Spanish,” demands Duo, a plump green owl. The viral meme circulating on Twitter stars the mascot forthe hugely popular language-learning app, downloaded by more than 300 million people worldwide. While the meme is a joke, the real app is plenty insistent.

He splurged on a Lamborghini and a Tesla Model S but otherwise leads a modest life, remaining in the six-bedroom house he bought with his ex-wife in Pittsburgh’s Point Breeze neighborhood, close to Duolingo’s offices. “I could have gone to Guatemala to live in a villa, but I didn’t want to,” he says. Instead, he has thrown himself into building the world’s most downloaded education app.

He likes to say that the money he forfeits giving away the app is equivalent to the cost of his rivals’ bloated marketing budgets. He also boasts that users are less likely to quit Duolingo than they are to bail out of competing language apps. “Our retention is comparable to games,” he says. He went to America for college and graduate school, earning a bachelor’s in math at Duke and a Ph.D. in computer science at Carnegie Mellon , where he studied under Manuel Blum, 1995 winner of theTogether they created CAPTCHA, an academic project they gave away for free. While he was still a grad student, Von Ahn built athat used crowdsourcing to identify image files. He sold it to Google in 2004 for an undisclosed sum. “I didn’t really need to worry about money after that,” he says.

First, Duolingo would find customers who needed texts translated. Then it would get crowds of users who were studying English on Duolingo to translate English passages into their native language. If enough users worked on the same passages, the translations came out well.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 394. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Genius.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

The memory game: Chip companies giving mixed signals about a reboundMemory stores what has happened in the past, but can’t tell you what will happen in the future. It seems the same is true of memory companies. Where access to the educational scope of companies and their quality selection systems and the initial possession of the systems of submission to the items of the systems and nominated leadership systems
Källa: MarketWatch - 🏆 3. / 97 Läs mer »