Ongoing subscription Revenues, page-24

Glad to see that they have a lot more courses which are a lot longer length that the original 5 minute things that Velpic put up. Their approach to this was still a technology focused one however. They have built an app store essentially. That said, how much revenue are they making on a recurring basis from these courses? Can anyone upload a course? Where is the quality control? (Apple have this for their store) Does having crap courses reflect badly on the whole Velpic brand?

Examples of other organisations off the top of my head are:

Elmo (Australian)
Linkedin Learning
Lynda

but there are many more.

Clearly they have made some progress but how many millions of shareholders money has been blown to get to this point. I am not saying it's doomed to fail I'm simply saying that based on my experience they have underperformed to an exceptional level thus far.