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-0.00559701492537318 -0.00746268656716419 -0.00279850746268651 -0.00111940298507467 -0.00373134328358218 0.00466417910447768 0.00746268656716419 0.00792910447761185
Stock impact report

Modal raises $25M to train corporate workers on data and AI [TechCrunch]

Udemy, Inc. (UDMY) 
Company Research Source: TechCrunch
Shimkus was of the belief that building skills in the corporate sector was a difficult, but not intractable, challenge — one that could perhaps be solved with the right technology. He brought it up to Yang, who had been Udemy's CEO. “At Udemy, Yang and I solved the ‘access' problem to learning — anyone at any company can find great video content on the skills they want to pick up,” Shimkus told TechCrunch. “But it turns out that solving access to video isn't enough on its own.” One thing led to another, and soon, Shimkus and Yang had a new startup on their hands: Modal Modal provides personalized technical skills training for a company's staff, offering on-demand coaching and a pedagogical approach that groups users into semi-structured online learning communities. “Our offering assesses every member of a team, identifies gaps in their skill sets, and creates a custom plan for each team member that minimizes the ‘skill risk' companies face in hitting their strategic goals,” S Show less Read more
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