By Ry Rivard
"Coursera, the increasingly popular provider of free online courses, is beginning to make money.
"The Silicon Valley-based company brought in $220,000 in the first quarter after it started charging for verified completion certificates, its co-founders said. The company also receives revenue from an Amazon.com affiliates program if users buy books suggested by professors.
“It’s the beginning of revenue,” said a Coursera co-founder, Daphne Koller.
The company has 3.2 million registered users, an increase of nearly 700,000 from mid-February. The company was founded in fall 2011 by Koller and her colleague at Stanford University, Andrew Ng. "
Read more: http://www.insidehighered.com/news/2013/04/08/coursera-begins-make-money#ixzz2RypJh4ZX
Inside Higher Ed
Via Jacqui Kelly, giovanni nulli
Is this the start of a successful business model?