Coursera begins to make money

Coursera, the increasingly popular provider of free online courses, is beginning to make money.

The Silicon Valley-based company brought in $220,000 in the first quarter after it started charging for verified completion certificates, its co-founders said. The company also receives revenue from an Amazon.com affiliates program if users buy books suggested by professors.

“It’s the beginning of revenue,” said a Coursera co-founder, Daphne Koller.

» via Inside Higher Ed

Notes

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  13. laura-in-libraryland reblogged this from infoneer-pulse and added:
    We have lift-off. Coursera is making $$.
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  18. futurist-foresight reblogged this from infoneer-pulse and added:
    Soon to be online education giant Coursera now profitable. A good sign and proof there is demand for this.
  19. infoneer-pulse posted this