MasterClass More Than Triples Valuation in One Year
MasterClass, which offers courses taught by celebrities, athletes and business leaders, saw sales skyrocket as people were stuck at home last year during the coronavirus pandemic. Growth was so strong that some weeks saw a tenfold increase from the same week a year ago, said CEO David Rogier. "People are wanting to learn and bring the joy back to learning, so I think the pandemic was just an accelerant," Rogier said. But as more people get vaccinated and economies reopen in many parts of the world, investors are cooling on online education companies. Coursera and Chegg, two public companies i...