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by Hitchhiker 5346 days ago
Check out how much Khan Academy raised :

http://en.wikipedia.org/wiki/Khan_Academy#History

Education is the next big thing. Recent public classes in databases, machine learning and AI from Stanford is proof enough that even the most traditional learning ops are looking at the Khan meme very seriously.

If anything , these guys have raised frugally and probably will be a big hit in approximately 24 months from now.

2 comments

You can't find millions of post that teach you the basics of math, physics, etc.

But you can find millions of posts that teach you programming, from way down to the high mountains of programming.

The difference, though, is that the money that Khan Academy has raised is donations. They're not investors who are seeking a (financial) return on their capital. Education is a tough space for startups trying to make money: http://avichal.wordpress.com/2011/10/07/why-education-startu...
Salman had options to go either way, he chose it to be structured differently due to philosophical reasons. There are other folks who are doing pretty well:

http://www.vccircle.com/500/news/niit-sells-element-k-corp-t...