Investing in Duolingo
I have been happily using Duolingo for over four years now. I think it is great and I recommend it often.
I see myself continuing to practice a language once a day for the rest of my life.
I noticed the recent change in the iOS app to ask for payment to make advertisements go away. This makes me wonder about the plans for long term sustainability of Duolingo.
I would really like some way to invest in Duolingo as a way to give back. I suspect a lot of other users like me would as well. Have you considered doing something under a crowdsourcing mechanism (e.g, something compatible with the JOBS Act) that would allow users to invest in the business in small amounts?
Title III of the JOBS Act has a rolling annual cap of $1M in crowdfunded investments, and mandates certain financial disclosures and reporting requirements. Those conditions might make it unattractive to a privately held corporation that has already raised $83.3M in venture capital.
Or real stock? Some of us old farts would qualify as eligible private equity investors .