Udemy files to go public on back of growing B2B incomes
source link: https://nextbigwhat.com/udemy-files-to-go-public-on-back-of-growing-b2b-incomes-techcrunch/
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Udemy files to go public on back of growing B2B incomes
The company’s debut may prove to be the final major edtech IPO ahead of Byju’s eventual debut – how well Udemy performs in its public offering could impact others in its market, including some incredibly wealthy education technology players.
To understand how healthy Udemy is, we’ll have to dig into each half of its business model – we’ll also want to know what’s happening to the company’s aggregate revenue mix and which direction it’s leaning in recent quarters.
From 2019 to 2020, Udemy grew from $276.3 million in revenue to $429.9 million, or 55.6%. That’s quite a lot for a company that has already reached material scale, or revenues of $100 million and above.
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Scroll is shutting down in ‘approximately’ 30 days to become part of Twitter Blue
The two companies have yet to clarify how existing Scroll customers will transition over to Twitter Blue, when Scroll’s service will be available on Twitter Blue, or even a concrete day that the standalone service’s shutdown will be.
Twitter hasn’t said if it’ll be changing that price, either – currently, Twitter Blue is only available in Australia and Canada for $3.49 CAD or $4.49 AUD, with a rumored $2.99 price tag for the US. Adding Scroll in its current form to that service without raising the price would mean a big change in how sites get paid.
Twitter Blue is currently only available in Australia and Canada so far, meaning that unless the service expands greatly in the next month, it could be some time before existing Scroll customers are able to get back their ad-free experience – assuming that Twitter’s implementation of its “Ad-Free Articles” is still the same Scroll experience.
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More details about the October 4 outage
The data traffic between all these computing facilities is managed by routers, which figure out where to send all the incoming and outgoing data.
During one of these routine maintenance jobs, a command was issued with the intention to assess the availability of global backbone capacity, which unintentionally took down all the connections in our backbone network, effectively disconnecting Facebook data centers globally.
Once our backbone network connectivity was restored across our data center regions, everything came back up with it.
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