Wes and Gagan's Startup

Wes and Gagan's Startup

Cohort-based courses for optimal learning

Security Type
Crowd SAFE
Min Investment
Austin, TX
Offering Date
December 03, 2020
Expected Close Date
March 31, 2021
Target Raise
Deal Notes

Discount: 0%

Company Description

Vision Enabling access to the highest-end education onlineDidactic intends to create a new platform for the highest-end education online. Our platform will enable the best instructors to deliver community centered learning, creating competition with the traditional college system. 

Key Deal Facts

Brainchild of co-founders of Udemy and altMBA
2 founder-led courses gained $300K in revenue and 90%+ profit
Raised $4.3M to date by First Round Capital, Naval Ravikant and others

Management Team / Advisory Board Bios

Gagan Biyani
Co-founder of Udemy and Sprig. Now founder of Didactic.

Profile picture of Wes Kao
Wes Kao
Co-founder of altMBA

Deal Notes

Discount: 0%

Amount Raised : $750,000
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Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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