Udacity, founded in June 2011 by Sebastian Thrun, is an American-based educational organization that offers online courses and education with a focus on in-demand skill-based job learning. Thrun and his Stanford University co-instructor, Peter Norvig, decided to offer a free artificial intelligence course at the time, which gave birth to Udacity.
As stated by Thrun, the name Udacity derived from their desire for being "audacious for you, the student". They provide Massive Open Online Courses, also known as MOOCs. Udacity provides both short courses and nanodegree programs, which are skill-based educational micro-credential programs focused on technology-based careers such as, but not limited to, software engineering, programming, artificial intelligence, business, cloud computing, web development, and cybersecurity.
Enrolling in their online courses helps learners prepare for the workforce, and for the record, many Udacity graduates have landed desired jobs with top companies all over the world. Udacity has also collaborated with universities and industry experts to create some of their courses, including Google, Amazon, Georgia Tech, Facebook, and Slack.
As a result, millions of students are now enrolled in Udacity online courses. According to Fulbright, Udacity's head of enterprise marketing, the pandemic has resulted in an increase in learners since last year, as online learning has been extremely practical due to social distancing regulations. Isn't it amazing?
Udacity has over 11.5 million students, making it the world's fourth most popular Massive Open Online Course (MOOC) provider! They have an active catalog of 200 online courses, which is why, by October 2020, they have awarded more than 150,000 nanodegrees and more than 1.5 million learners have successfully completed at least one course. Because of the pandemic, the practicality of online learning cannot be questioned, which is why millions of learners settled for quality online learning, such as that provided by Udacity, and the number of learners continues to grow to this day!
It is wise to invest in businesses that are relevant at the time. Udacity raised approximately 18.4 million AED for its Series A funding round in 2012, and approximately 385.7 million AED from investors for its Series D funding round in 2015, representing a significant increase in just three years! Consider this: according to Udacity, 2020 was a big year of growth for
Udacity as a business because the platform saw a spike in the number of users due to the pandemic, so they rose with a 260 percent increase in annual recurring revenue, which is why they secured approximately 275.5 million AED in financing to support that tremendous growth. Following its previous financing round, Udacity's valuation reached around 3.68 billion AED.
Many people believe that Udacity will be worth $10 billion (about 36.7 billion AED). While Udacity is still a privately held company, IPO stocks cannot be sold until they conduct their IPO in the near future, but the good news is that you can buy Udacity private stock in advance, and we will gladly assist you with that.
So, is it worthwhile to invest in Udacity stock? The record speaks for itself!