Luis Von Ahn
๐ค SpeakerAppearances Over Time
Podcast Appearances
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.
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.
We're still growing.
I mean, we've had five years of really phenomenal growth.
We IPO-ed in 2021.
Since then, we've more than 5x-ed our active users, so we expect that we'll continue growing pretty strongly.
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.
One is how many active users we have.
That's kind of like the size of the pie that has grown quite significantly.
And then there's how many of these people are paying us because we have this
That's like the fraction of the pie that are payers.
Historically, we have worked on both.
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.
This year, we're mainly concentrating on just growing the pie.
That is the number of people that are actively using Duolingo because it is our belief that
Because of the moment that we're in, we really want to have as many people as possible actually learning something meaningful in Duolingo.
And once we're able to do that, I mean, one of the main advantages that we have, certainly against new entrants, is scale.
There's no other education app that has the scale that we have.
So I'm from Guatemala.