Duolingo just filed to go public. Some notes: • $161M in revenue (75% subscriptions, 25% virtual goods and ads) which grew 129% y/y in 2020 • 72% gross margins, 9% fcf margins • ~40M MAUs of which 4.5% are paid subs • Make avg of $90/yr per sub or $5/yr per user in aggregate
— Tanay Jaipuria (@tanayj) Jun 29, 2021
from Twitter https://twitter.com/tanayj
June 28, 2021 at 08:41PM
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