Venture Analysis

Why invest in Khan Academy and Khan Labs?

Khan Academy is established in the online learning community

Following the pandemic the number of online learners and platforms continues to rise. Khan Academy has been operating since 2008 and is already well grounded in the online learning community. Sal Khan the original founder is still with the company and is the current CEO demonstrating consistency in what can be a volatile tech space. The organization runs as a 501c(3) nonprofit and has significant backing from both Google and the Bill and Melinda Gates Foundation.

Growth Potential

District partnerships across the United States have grown 3.5x since 2019. District support has Khan Academy resources to over 800 thousand students in 2022.

Multiple consistent sources of revenue

Khan Academy generates revenue in multiple ways through gift giving, community giving, foundational giving and generated income.

Facts about the Khan Academy as a business

Khan Academy received 27.3 million new registrations in 2020 (a 41% more than the previous year)
The Khan Academy employs 197 workers currently
The company is a non-profit company
Year over year growth is around 8% on average at the Khan Academy
Grants of over 3 million have been gifted to the Khan Lab School
Since November 2022, more than 2 billion videos have been viewed on the platform

Khan Academy's Lead Competitors

Coursera

Coursera is an online learning platform that allows access anywhere and provides certificaitons and degrees for students.. They are partnered directly with over 275 universities.

Synthesis

Synthesis is launching its AI tutor in the fall of 2023. Partnering with SpaceX and Elon Musk, Synthesis' goal is to advance human progress through education. Their belief is that AI tutors are the future of education, not human.s

Chegg

Chegg is developing CheggMate an AI powered learning tool. CheggMate is working with GTP-4's systems along with Chegg's content library. The goal personalize learning, have an adaptive tutor and receive instant feedback.

SWOT Analysis of Khanmigo

Strengths

Significant resources and funding available from Khan Academy
Khan is already well established in the online learning space
Established leadership team and board

Weaknesses

The technology is still developing and early mistakes can be costly to image
Ethical considerations around collecting data on youth

Opportunities

Emerging Market space
Education is ripe for disruption
AI technologies are developing quickly
Person to Person tutoring is impractical and expensive for most

Threats

Market instability and R & D spaces can be hit hard with economic downturns
Education is a personal experience and AI lacks empathy
Tutoring is an inherently human activity at this point

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