Richard Levin, who was president of Yale University between 1993 and 2013, will become chief executive of Coursera in the middle of next month.
Although he said he was excited to be joining a company that hired the 鈥渂rightest and best鈥 in Silicon Valley, he added he had heard that some universities were disgruntled about their relationship with the US Mooc platform.
鈥淚 will say a word about a concern that I鈥檝e heard from a number of partners already鈥hat we could do a better job of communicating with you and listening to you,鈥 Professor Levin told the 2014 Coursera partner conference, attended by delegates from institutions that offer courses on the platform and taking place in London this week.
It was possible, he said, that with 鈥渟o many projects going on鈥 at the company, communication could 鈥渁t times appear one-way鈥like] we鈥檙e telling you what we want you to do鈥.
糖心Vlog
He pledged that steps would be taken to improve the situation. 鈥淲e want to hear your ideas,鈥 he said, adding that the first priority was to increase the scale of Coursera鈥檚 operation, and 鈥渁ttract the revenues to support the mission鈥.
By the end of last year Coursera was thought to have raised around $85 million (拢50 million) in venture capital funding, but how the organisation intends to turn a profit in the long term remains unclear.
糖心Vlog
Speaking at the event, co-founder of Coursera Andrew Ng offered an update on the amount of money coming in from the platform鈥檚 鈥渟ignature track鈥, which allows students to pay around $40 to receive an official certificate of achievement.
He said that in the first nine months after the option to pay was introduced in January 2013, the signature track brought in revenues of $1 million. In the following three months, total revenue had doubled to $2 million, and in the three months after that they had doubled again, he said, with total revenues of $4 million.
He said the reason for the increasing popularity of such certificates was that they were becoming increasingly recognised by employers.
Register to continue
Why register?
- Registration is free and only takes a moment
- Once registered, you can read 3 articles a month
- Sign up for our newsletter
Subscribe
Or subscribe for unlimited access to:
- Unlimited access to news, views, insights & reviews
- Digital editions
- Digital access to 罢贬贰鈥檚 university and college rankings analysis
Already registered or a current subscriber?
