If you want to learn something new, learn it from the master. That’s the thesis behind MasterClass, which offers tennis tips from Serena Williams, cooking advice from Gordon Ramsay and vocal training from Christina Aguilera.
The startup has online courses from leaders in their field, charging about $90 for the hours long sessions. Students also have access to the community and instructor Q&As.
Venture capitalists are betting that this will become a big business, with IVP leading a $35 million Series C round. New investors Sam Lessin and GSV Acceleration joined, with NEA, Bloomberg Beta and others participating again.
They are hoping to add a “business” category for tutorials from world-class entrepreneurs and visionaries. MasterClass work with the “masters” to produce the video and develop the program. Furthermore, they also have a revenue share arrangement with the instructors.
Source: Tech Crunch (28/03/2017)
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