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#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

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How Duolingo Grew Their Users

Duolingo grew their users not through marketing but by improving their product, leading to organic growth through word of mouth. Despite not monetizing initially, a funding round from Google prompted them to find a monetization model. They adopted a freemium model like dating apps, generating revenue through ads and premium subscriptions. This strategy led to significant revenue growth, making Duolingo the top-grossing app in the education category while still allowing 97% of active users to use the platform for free.

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