Just in:
HKSTP Unveils Top 74 Global Startups Confirmed for EPiC 2024 Grand Finale // Navigating AI landscape: Fostering digital agility and resilience // Kenanga Investors Receives 2024 Lipper Recognition for Consistent Fund Performance // Axe Management Partners Completes Purchase of Three Osaka Hotels from CapitaLand Ascott Trust // Supreme Court deals another blow to govt, SBI in electoral bond case // China Steers Toward Electric Vehicle Leadership // Adapting to the Digital Evolution: Strategies for Online Trading in the UAE // Cogent Realty Advisors Launches Guide to Most Collaborative Office Space for AI and Tech Companies In Downtown NYC // China Tower (788.HK) Announces 2023 Annual Results // CAA’s Implementation Just Before National Election Looks Purely Political // Stepping into History: Saudi Arabia Launches Virtual Realm for Cultural Exploration // Fidelity Eyes Staking Rewards with Updated Ethereum ETF Proposal // Andertoons by Mark Anderson for Tue, 19 Mar 2024 // Credit Rating Agency Maintains Positive Outlook for Kuwait // Cracking Down on Exploitation: UAE Outlines Penalties for Organized Begging // 2024 China Corporate Payment Survey: Payment delays continued to shorten, but corporates increasingly cautious // Lingnan launches LingnanVerse 2.0 BETA to attract top students from all over the world // Dubai Holding’s Consolidation Move Raises Questions About Property Market Stability // ViewQwest Commits to Responsible Innovation in Brand Refresh // Andertoons by Mark Anderson for Mon, 18 Mar 2024 //
HomeColumnsDemocratizing education access on a planetary scale

Democratizing education access on a planetary scale

As I have a natural obsession with global edtechs in both the pre-IPO capital markets and Nasdaq, I believe a tactical trade opportunity is in sight in Coursera (COUR), down from its post IPO high of 62.50. COUR now trades at $5.26 billion market cap or 13.8X its revenue guidance for 2021.

There is no doubt that the pandemic has only accelerated a global trend towards online learning and the outsourcing of corporate training program (is there Udacity beyond audacity) as billions of human beings are forced to grasp the realities of our world’s digital future. Nothing in Coursera’s first post IPO’s earnings or conference call negated this view – in fact, au contraire since YoY revenue growth was a stellar 64% as was the 5 million increase in net new registered learners, who now number 82 million.

While Coursera’s business model and financials are nowhere near as fabulous as Udemy which posted $500 million in revenue in 2020 and is going gangbusters with its Tencent partnership, I still like the risk/reward calculus I can engineer on COUR options on the CBOE. Re-skilling and episodic learning are the hot concepts in Silicon Valley edtech and while Udemy is a pure play on this trend, COUR is also collateral beneficiary.

ADVERTISEMENT

It thrills me that Coursera and Udemy have democratized access to education on a planetary scale and taken higher learning beyond the reach of financial elites as any cursory examination of Oxbridge, the Ivy League, les grandes écoles and the ridiculously priced second rate minor English public schools recreated in the UAE would suggest.

A trade to help pay for Junior’s obscenely rich expenses at Harvard or the King’s Arms, the most elite of Oxford’s 39 colleges which I know all too well? Feb 2022 40 Puts give me a worst case scenario of owning COUR at $32, just below its March 2021 IPO price when Goldie gave private clients in the Gulf diddly squat as an allocation.

I believe my fare value on COUR is at $50 but will only act after I consult with my twin edtech maestros – Abu Thomas and Brittanicus Memonus, the two coolest and brainest equities nerds I know in the Sandbox.

ADVERTISEMENT

ADVERTISEMENT
Just in:
Cogent Realty Advisors Launches Guide to Most Collaborative Office Space for AI and Tech Companies In Downtown NYC // Navigating AI landscape: Fostering digital agility and resilience // VinFast Founder launches Global EV Charging Stations Company V-Green // China Steers Toward Electric Vehicle Leadership // Whisky Hammer celebrates landmark 100th auction – its largest to date featuring over 5,000 lots // China Tower (788.HK) Announces 2023 Annual Results // Emirati Spacefarers Chart New Territory in Scientific Research // National Push for Healthier Plates: Ministry Launches Campaign on Balanced Diets // Blue Cross Partners with AlipayHK on Easter Promotion Travel Smart 5-day Single-trip Cover for Only HK$1 // 100 days of UAE’s COP28 presidency: Bouquets and brickbats // CAA’s Implementation Just Before National Election Looks Purely Political // Adapting to the Digital Evolution: Strategies for Online Trading in the UAE // HKSTP Unveils Top 74 Global Startups Confirmed for EPiC 2024 Grand Finale // 2024 China Corporate Payment Survey: Payment delays continued to shorten, but corporates increasingly cautious // Credit Rating Agency Maintains Positive Outlook for Kuwait // Andertoons by Mark Anderson for Tue, 19 Mar 2024 // Dubai Holding’s Consolidation Move Raises Questions About Property Market Stability // Lingnan launches LingnanVerse 2.0 BETA to attract top students from all over the world // Stepping into History: Saudi Arabia Launches Virtual Realm for Cultural Exploration // Kenanga Investors Receives 2024 Lipper Recognition for Consistent Fund Performance //