These are really great news, but I can't help but wonder: Series F is quite an advanced series. Most companies don't go beyond Series C, a few go to D. Now, a round of investment is usually required in one of two cases: 1. The company is not profitable, and it burns cash faster than generating income. In this case, the investment is actually a lifeline that without it - the company will crash and burn. 2. The company is profitable, but it needs the investment in order to explore new markets and opportunities. Now, being a private company, we don't have visibility into the financial data of Udemy, and I really hope we're looking here at scenario #2, because if Udemy is not profitable after all this time, with so many students, instructors and courses, then Houston, we've got a problem. @Lili , could you perhaps shed some light on this? What is the motivation behind this round? And most importantly - is Udemy profitable? Thanks, Memi
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