5min chapter

The Tim Ferriss Show cover image

#607: Luis von Ahn, Co-Founder and CEO of Duolingo — How to Be (Truly) Mission-Driven, Monetization Experiments, 10x Growth, Org Chart Iterations for Impacting Metrics, The Intricate Path to an IPO, Best Hiring Practices, Catching Exam Cheaters, The Allure of Toto Toilets, The Future of Duolingo, and How to Stand Out in Your Career

The Tim Ferriss Show

CHAPTER

Monotization

Nw: The first thing we tried, and this is before the lela to and it was just very early on, we tried this. It was a really clever idea, but ultimately, i just don't think it's a very good way to monotise. We wanted to spend most of our time teaching better rather than cleaning up translations. And so at some point, very early in the company, we weren't making very much. So when you have half a billion dollar valuation, you got to make a lot of money. Like when you're making zero, you can't make it into a life-style business for your acanve. You have to turn it into

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode