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Matthew Glotzbach

๐Ÿ‘ค Speaker
228 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1296 3 Metrics 30m MAU Quizlet Tracks As They Pass 1m Paying Customers

That was led by Icon Ventures.

SaaS Interviews with CEOs, Startups, Founders
1296 3 Metrics 30m MAU Quizlet Tracks As They Pass 1m Paying Customers

Well, so it was really to go after the opportunity, right?

SaaS Interviews with CEOs, Startups, Founders
1296 3 Metrics 30m MAU Quizlet Tracks As They Pass 1m Paying Customers

The opportunity is so massive and we've amassed this very large user base.

SaaS Interviews with CEOs, Startups, Founders
1296 3 Metrics 30m MAU Quizlet Tracks As They Pass 1m Paying Customers

this massive content base, which are two key assets.

SaaS Interviews with CEOs, Startups, Founders
1296 3 Metrics 30m MAU Quizlet Tracks As They Pass 1m Paying Customers

But then third is we have more study data on how real people are studying and learning than anyone else on the planet, right?

SaaS Interviews with CEOs, Startups, Founders
1296 3 Metrics 30m MAU Quizlet Tracks As They Pass 1m Paying Customers

We do over a billion learning transactions per week.

SaaS Interviews with CEOs, Startups, Founders
1296 3 Metrics 30m MAU Quizlet Tracks As They Pass 1m Paying Customers

And so a learning transaction is I ask you a question, Quizlet asks you a question, you give Quizlet an answer, and then Quizlet gives you feedback.

SaaS Interviews with CEOs, Startups, Founders
1296 3 Metrics 30m MAU Quizlet Tracks As They Pass 1m Paying Customers

So we've got literally billions and billions of data points on how people learn, what the most effective and efficient

SaaS Interviews with CEOs, Startups, Founders
1296 3 Metrics 30m MAU Quizlet Tracks As They Pass 1m Paying Customers

paths are.

SaaS Interviews with CEOs, Startups, Founders
1296 3 Metrics 30m MAU Quizlet Tracks As They Pass 1m Paying Customers

And so where we're really directing our efforts going forward, and the reason we pushed to raise some additional funding to scale the efforts,

SaaS Interviews with CEOs, Startups, Founders
1296 3 Metrics 30m MAU Quizlet Tracks As They Pass 1m Paying Customers

Obviously, the international expansion that I talked about, but then also really building up our data science and machine learning capabilities to create this AI based tutor.

SaaS Interviews with CEOs, Startups, Founders
1296 3 Metrics 30m MAU Quizlet Tracks As They Pass 1m Paying Customers

And so what we're the longer term vision of what we're doing is taking all of that data in this great user platform and building an AI based tutor that will help anyone learn anything.

SaaS Interviews with CEOs, Startups, Founders
1296 3 Metrics 30m MAU Quizlet Tracks As They Pass 1m Paying Customers

So we're a little over 100 people here in mostly here in SF with a few a few folks scattered scattered around.

SaaS Interviews with CEOs, Startups, Founders
1296 3 Metrics 30m MAU Quizlet Tracks As They Pass 1m Paying Customers

And that's been growing pretty significantly.

SaaS Interviews with CEOs, Startups, Founders
1296 3 Metrics 30m MAU Quizlet Tracks As They Pass 1m Paying Customers

When I started, the company was right around 30 or so people.

SaaS Interviews with CEOs, Startups, Founders
1296 3 Metrics 30m MAU Quizlet Tracks As They Pass 1m Paying Customers

So we've more than tripled the team in the last two years.

SaaS Interviews with CEOs, Startups, Founders
1296 3 Metrics 30m MAU Quizlet Tracks As They Pass 1m Paying Customers

Sure.

SaaS Interviews with CEOs, Startups, Founders
1296 3 Metrics 30m MAU Quizlet Tracks As They Pass 1m Paying Customers

You know, and this is where I think we've got a lot of tailwind because the way the world is going, you know, we used to be in a world where

SaaS Interviews with CEOs, Startups, Founders
1296 3 Metrics 30m MAU Quizlet Tracks As They Pass 1m Paying Customers

You went to school, you know, well, frankly, you know, our parents' generation, you went to school for 12 years, you had a high school diploma, you were set.

SaaS Interviews with CEOs, Startups, Founders
1296 3 Metrics 30m MAU Quizlet Tracks As They Pass 1m Paying Customers

That was a great middle-class job.