51Talk: Business plan by Sequoia recommended Xu Xiaoping quite surprised

Source: Internet
Author: User
Keywords Xu Xiaoping Sequoia
Whether early in the morning or late at night, as long as you open the computer, you can practice English with foreign teachers, without dragging the tired body, through the "block" city, drove to the teaching center. This is a one-to-one English training organization 51Talk to give learners a new choice. We help more and more Chinese learn English well by the price of half a cup of coffee and the time of a cup of coffee. "51Talk CEO Huang Jiajia introduced. The One-on-one English training organization is attracting more and more learners with a price of 15 yuan per lesson 25 minutes. New Oriental co-founder, angel investor Xu Xiaoping to 51Talk placed high hopes: New Oriental in the 90 's assume his historical responsibility-for the rise of the Chinese nation, to cultivate international talent to go out; I hope 51Talk for the integration of China and the world to the teacher please come in, let the Chinese at home to complete internationalization. Beginner's mind: the right to communicate with the world Finny retired before retiring is a foreign senior executives, because of poor English and had to attend English conference by the assistant on behalf of translation, after retirement, in the 51Talk platform for six months to learn English, began to travel abroad on the way, for friends to do a simple English translation. Everyone has the right to communicate with the world, which Huang Jiajia has always believed. In 2011, after operating a Chinese-language training network for the Japanese market "Talkchina", Huang Jiajia tried to use Talkchina's product logic in English teaching. At that time, the domestic English training industry is still the world of offline training institutions, the high cost of learning to make oral English learning to become "luxury", crowded traffic is to add a heavy blockage to the learner. During the same period, for the first time, Huang Jiajia and shuting, in the Philippines, saw a considerable proportion of well-educated, English-speaking Filipinos calling the British and American business call center operator as a career, and had to undergo an all-night shift due to jet lag, while also tolerating a congested traffic environment at work. The Philippine Industry Group Information Technology Business Process Association predicts that the Philippines ' BPO (Business process Outsourcing) industry will continue to grow to 1.3 million employees by 2016. In the Philippine BPO business, call centers account for about 70% of the largest business. Huang Jiajia that the essence of Internet education is through the Internet education to the quality of education resources low-cost, large-scale dissemination. The potential teacher supply in the Philippines matches China's huge English learning needs. 51Talk wants to use the Internet to reduce the threshold of English service, to provide better service and to bring down the price. Our price is 1/5 of the traditional offline training institutions, and it is a one-to-one service. Huang Jiajia said. By the end of October 2014, the number of 51Talk paid trainees was close to 50,000, and each paid student averaged nearly 20 hours per month on the 51Talk platform. "51Talk has become the No.1 of the online English industry, our number of users is the second to fifth number of users of the enterprise. Huang Jiajia said that 51Talk is expected to become China's largest English language training institution in 2015. 2011 founded 51Talk, Huang Jiajia Dream is very simple, is to help ordinary Chinese learn English, help them to learn English to change life, realize the dream. When Vipabc's parent company, the language online education Group tutor, announced the completion of nearly 100 million dollar B-round financing, spoken English as the darling of the online education industry, was pushed to the forefront. 51Talk as one of the Chinese market for one-on-one English training in the field of the leader, but also naturally become the object of concern. October 2014, 51Talk announced the completion of the 55 million-dollar C-round financing, by the Sequoia Capital, shun for the fund and DCM with the vote. The financing is also the first in the field of the online education of Sequoia Capital. For the reason of choosing 51Talk, Sequoia Chinese partner Liu Xing said: "Young people have a simple idea, through their own efforts to mobilize all the wisdom and resources to achieve, this dedication to the cause and desire, is the most touched us." "Core: Courses and teachers" to create the ultimate user experience, even if three years of unprofitable. "Huang Jiajia said. How to develop a better product, how to improve the quality of service, how to achieve the ultimate user experience? The company's high speed development challenge is to do their own better, just completed the C round of financing 51Talk that continues to challenge themselves. According to the introduction, 51Talk will be used in all the financing and user experience-related aspects, including: Upgrade technology platform and curriculum system, improve the ability to operate teachers. After the completion of the new round of financing, 51Talk has begun to invest heavily in the development of new teaching platform, hope that the vast majority of users in the future through the platform of independent research and development to learn. Previously, 51Talk lectures were conducted mainly through Third-party communications software such as QQ and Skype. "The tendency to study now is to flip teaching. There are many problems with Skype and QQ teaching, unable to upload a large number of teaching materials, so it is difficult to control the teacher's teaching progress and direction, and even become all teachers ' free play '; On the other hand, Skype and QQ teaching can not be shared with students through the use of English short films on video sites during class. , there is no way to let the instructor in the pre-class record and teaching materials synchronized courseware, but also can not allow students to synchronize the group discussion, this can not achieve the concept of flip teaching. This shows that they are very thoughtful, want to do a good job of product quality. Wang Zhiwei, CEO of Anglo-American Education services Group. 51Talk work of the most important, is to strengthen the overall user experience, in which the support of teaching products and teaching the grasp of the link can not be ignored. Recently, the 51Talk team has been in the intensive research and development Course 51Talk Classic English upgrade. 51Talk Classic English is divided into Level1-level16 a total of 16 levels, of which, level1-6 upgrade was completed in early August, further improvement is expected in NovemberMid-June completed; Level7-8 's upgrade plan was completed at the end of November and early December. "51Talk New Classic English" paper version of the textbook Level1-3 part will be officially sold in early December. "This core course will help us standardize the course experience." "Huang Jiajia said.
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