Coursera CEO on all-stock Udemy deal: Gives us ability to meet upskilling needs - part 1/2
December 17, 2025 • 5m 18s
? (?)
00:00.310
of
the
combined
company
and
he
joins
us
now
to
first
on
CNBC
interview
to
discuss
greg
welcome
so
tell
me
this
is
big
you
guys
and
you
to
me
are
two
very
big
public
names
in
this
space
the
stocks
have
have
suffered
since
twenty
twenty
one
but
you
in
particular
coursera
continued
? (?)
00:22.230
to
grow
across
your
universities
business
with
degrees
the
consumer
and
the
enterprise
what's
the
rationale
for
combining
Greg Hart (CEO)
00:32.740
well
i
think
the
rationale
is
pretty
straightforward
the
world
has
never
needed
the
ability
to
skill
and
upskill
more
than
it
needs
it
today
the
world
economic
forum
forecasts
that
thirty
nine
percent
of
skills
are
going
to
need
to
change
by
twenty
thirty
that
is
a
staggering
Greg Hart (CEO)
00:47.860
amount
of
skill
change
and
this
combination
gives
us
an
amazing
ability
to
meet
that
need
so
it
unites
our
consumer
business
which
we're
strong
in
as
you
mentioned
with
udemy
's
enterprise
strengths
creates
a
comprehensive
ecosystem
of
instructors
from
leading
universities
Greg Hart (CEO)
01:04.590
companies
and
a
dynamic
instructor
marketplace
and
by
doing
all
of
that
allows
us
to
better
serve
our
core
markets
with
shared
innovation
data
and
tech
and
bring
that
to
learners
around
the
world
a
combined
company
has
more
than
two
hundred
and
seventy
million
learners
around
Greg Hart (CEO)
01:18.790
the
world
and
nearly
twenty
thousand
enterprise
customers
? (?)
01:22.830
and
get
annual
run
rate
cost
synergies
of
a
hundred
fifteen
million
dollars
within
twenty
four
months
of
closing
how
do
you
do
that
Greg Hart (CEO)
01:33.050
well
obviously
there's
a
lot
of
work
that's
going
to
go
into
that
between
sign
and
close
but
we
believe
that
a
real
opportunities
to
look
at
where
we
can
be
more
efficient
across
sales
and
marketing
G
and
a
and
ensure
that
we're
continued
to
be
able
to
invest
in
the
future
of
Greg Hart (CEO)
01:47.970
the
company
by
bringing
more
technology
to
our
learners
and
enterprise
customers
and
really
leveraging
AI
to
accelerate
the
pace
of
innovation
for
the
combined
company
by
doing
all
of
that
we're
confident
that
those
a
hundred
and
fifteen
million
dollars
of
annualized
run
Greg Hart (CEO)
02:02.590
synergies
are
going
to
help
us
get
to
an
expanded
adjusted
ebitda
margin
that
is
closer
to
twenty
percent
which
is
really
compelling
from
a
shareholder
perspective
? (?)
02:10.590
does
the
udemy
brand
continue
survive
its
consumer
business
really
hasn't
been
growing
recently
while
while
you
have
so
what
happens
with
the
brands
what
do
you
emphasize
versus
pull
back
on
assuming
these
two
brands
combine
as
you
plan
Greg Hart (CEO)
02:28.110
the
brands
will
combine
they
will
live
on
underneath
the
coursera
brand
and
obviously
will
be
really
thoughtful
about
how
we
do
that
we
are
big
fans
of
the
strength
that
udemy
has
in
particular
with
their
enterprise
business
and
their
dynamic
instructor
marketplace
those
are
two
Greg Hart (CEO)
02:41.310
incredible
assets
and
we
want
to
build
on
those
and
we
believe
that
the
combination
of
the
two
entities
gives
us
the
ability
to
have
a
shared
technology
platform
and
a
single
brand
that
delivers
more
value
to
individual
consumer
learners
and
enterprise
customers
? (?)
02:55.390
you
and
i
have
talked
recently
about
the
role
AI
is
playing
particularly
in
driving
demand
for
coursera
's
business
right
now
as
so
many
workers
try
to
upskill
enterprises
try
to
upskill
their
workers
i
also
wonder
what
effect
you're
seeing
and
customers
enterprises
trying
to
? (?)
03:14.470
use
AI
on
their
own
to
upskill
and
to
what
degree
udemy
has
something
to
add
to
what
you
already
have
and
have
built
out
Greg Hart (CEO)
03:24.230
well
udemy
has
a
thriving
enterprise
business
with
seventeen
thousand
enterprise
customers
and
they
leverage
AI
and
MCP
to
deliver
that
in
the
workflow
for
some
of
their
enterprise
customers
we
believe
there's
an
opportunity
to
combine
that
with
our
strengths
in
the
consumer
Greg Hart (CEO)
03:39.870
side
and
really
provide
a
much
better
foundation
obviously
all
of
udemy
's
enterprise
customers
will
also
gain
access
to
our
amazing
catalog
of
content
from
the
leading
universities
and
industry
partners
so
we
think
there's
an
opportunity
to
really
double
down
on
all
of
that
and
Greg Hart (CEO)
03:55.710
really
expand
the
opportunity
and
the
ability
to
better
serve
those
enterprise
customers
as
they're
looking
how
do
we
upscale
and
rescale
our
workforce
to
ensure
that
they
have
the
right
talents
the
right
skills
for
what
their
job
needs
today
as
that
changes
at
an
unbelievably
Greg Hart (CEO)
04:09.950
fast
pace
? (?)
04:11.390
finally
greg
so
feel
free
to
add
whatever
concluding
thoughts
you
have
in
here
as
well
duolingo
last
quarterly
report
and
that
was
kind
of
a
retrenching
a
need
to
reinvest
in
the
the
foundations
of
what
they
do
because
of
this
AI
opportunity
as
you
look
at
this
combination
how
? (?)
04:32.110
much
cost
might
you
have
to
pour
into
it
as
well
to
standardize
the
platform
across
both
companies
what
should
shareholders
expect
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