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]]> By: Anonymous https://startupsanonymous.com/question/happened-colingo/#comments/1997 Fri, 11 Apr 2014 20:58:06 +0000 https://startupsanonymous.com/?p=638#comment-1997 In reply to Anonymous.

My bet is that they never received the money.

They announced the investment which was partly a real investment intention and partly a marketing strategy to see if their subscription model would finally catch up. Since they probably didn’t get a satisfying number of signups with all the free press, the investors turned down the offer and Colingo didn’t receive a penny. Because of their crazy burn rate, the founders abandoned the ship.

]]> By: Anonymous https://startupsanonymous.com/question/happened-colingo/#comments/1996 Fri, 11 Apr 2014 20:55:50 +0000 https://startupsanonymous.com/?p=638#comment-1996 In reply to Anonymous.

Duolingo and Colingo are totally different.

Duolingo is a platform where you can learn a language by translating some texts. Colingo (same as Verbling) was offering live lessons with native English speakers. Their expenses per user are totally different.

For the first few months, Colingo was free; it was obviously really expensive to offer a teacher 24/7 on their website: ($15 per hour, 24 hours per day, 30 days per month = $10,800 per month (just for the teachers). That’s a bit heavy to support for a startup.

In October they offered a monthly fee of $50 per month in order to have your own academic advisor to help you progress… I really don’t know how structured was the academic part it looks like it didn’t work.

It is really strange that a company with so many users disappeared without a single farewell message.

…well, looking at the founders, it is what you can expect:

Founder1: Willy Wonka (aka Benjamin Lowenstein): youtu.be/LZFzboE2fPc

Founder2: Andrew Mason (aka Lee Jacobs): youtu.be/s6nbVL0cLbc

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