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Luis Von Ahn

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
1443 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Talks
Duolingo CEO Luis von Ahn Talks Earnings, AI

And we've been growing quite a bit.

Bloomberg Talks
Duolingo CEO Luis von Ahn Talks Earnings, AI

About 15% of our active users are learning things that are other than languages.

Bloomberg Talks
Duolingo CEO Luis von Ahn Talks Earnings, AI

Our chess course has grown quite significantly.

Bloomberg Talks
Duolingo CEO Luis von Ahn Talks Earnings, AI

So these are the three things that we're working on, and we're going to be working on that for the rest of the year.

Bloomberg Talks
Duolingo CEO Luis von Ahn Talks Earnings, AI

And we're expecting that towards the end of the year, we're going to see some improvements in our year-over-year growth rate.

Bloomberg Talks
Duolingo CEO Luis von Ahn Talks Earnings, AI

We're still growing.

Bloomberg Talks
Duolingo CEO Luis von Ahn Talks Earnings, AI

I mean, we've had five years of really phenomenal growth.

Bloomberg Talks
Duolingo CEO Luis von Ahn Talks Earnings, AI

We IPO-ed in 2021.

Bloomberg Talks
Duolingo CEO Luis von Ahn Talks Earnings, AI

Since then, we've more than 5x-ed our active users, so we expect that we'll continue growing pretty strongly.

Bloomberg Talks
Duolingo CEO Luis von Ahn Talks Earnings, AI

Historically, what we have done is we have tried to, you know, the way we generate value on Duolingo is there's two parts to it.

Bloomberg Talks
Duolingo CEO Luis von Ahn Talks Earnings, AI

One is how many active users we have.

Bloomberg Talks
Duolingo CEO Luis von Ahn Talks Earnings, AI

That's kind of like the size of the pie that has grown quite significantly.

Bloomberg Talks
Duolingo CEO Luis von Ahn Talks Earnings, AI

And then there's how many of these people are paying us because we have this

Bloomberg Talks
Duolingo CEO Luis von Ahn Talks Earnings, AI

model.

Bloomberg Talks
Duolingo CEO Luis von Ahn Talks Earnings, AI

That's like the fraction of the pie that are payers.

Bloomberg Talks
Duolingo CEO Luis von Ahn Talks Earnings, AI

Historically, we have worked on both.

Bloomberg Talks
Duolingo CEO Luis von Ahn Talks Earnings, AI

We have worked on growing the pie and also growing the fraction of the pie that is paying, which is why our bookings have grown really significantly over the last five years.

Bloomberg Talks
Duolingo CEO Luis von Ahn Talks Earnings, AI

This year, we're mainly concentrating on just growing the pie.

Bloomberg Talks
Duolingo CEO Luis von Ahn Talks Earnings, AI

That is the number of people that are actively using Duolingo because it is our belief that

Bloomberg Talks
Duolingo CEO Luis von Ahn Talks Earnings, AI

Because of the moment that we're in, we really want to have as many people as possible actually learning something meaningful in Duolingo.