This Is How Duolingo Makes Money
Language learning app Duolingo (NASDAQ: DUOL) went public a little over a month ago in an initial public offering. It's fair to say the IPO was a success. Initially shares were estimated to have an IPO price as low as $85, but eventually were priced at $102. Then when shares hit the market, they immediately popped to over $141 per share, clearly showing how hot this IPO stock is.
Duolingo's stock may be hot, but it's important for investors not to get caught up in the hype. Stocks aren't tickers on a screen; they're businesses. As such, it's important to understand Duolingo's business model -- only then can we know if it will make a good long-term investment. Regarding Duolingo's business model, let's address the most basic part: the four ways Duolingo makes money.
Image source: Duolingo.
Source Fool.com
