He and co-founder Severin Hacker have constructed much of the company’s vision, even it has become more widely associated with its ambassador Duo, an animated owl that checks in with users frequently to encourage them to practice a language.ĭuolingo CFO Matt Skaruppa sat down for an exclusive interview with to offer insight into the company’s accomplishments and performance to date as well as its ambitions for the future in language education and beyond. The app-based language education platform’s business model has tracked consistently with its mission to make the best education in the world and make it widely available for free.įounder and CEO Luis von Ahn, who grew up in Guatemala before moving to the US to attend Duke University, had already profited handsomely from his pioneering contributions to the CAPTCHA and reCAPTCHA verification systems before moving onto a project to improve and expand the reach of education against a backdrop of innovation and sustainability.
US30 US Wall Street 30 (USA 30, Dow Jones)ĭuolingo owl – Credit: Duolingo shareholder letterĪn insistent cartoon owl, a massive TikTok following and a mostly free service in a space dominated by cost-intensive subscriptions and software might not have been covered in any business or software engineering curriculum, but Duolingo ( DUOL) has repeatedly re-invented approaches to education and business alike over the past decade.
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