A new day, a new era
On the morning of October 29, 2021, Udemy officially became a publicly traded company. What started in a small Turkish village with a boy’s search for help with mathematics and chess became a new listing on the Nasdaq stock exchange, joining the likes of Apple, Tesla, and other pioneering companies. Among the people celebrating this milestone was Eren Bali, whose youthful search for information planted the seeds for what is now one of the leading online learning destinations in the world.
Eren grew up in the village of Malatya, where apricot farming was the main industry. “When you live in a small village far from any city or university,” he recalled, “there are limits to what you can learn from people nearby.” This was the case for Eren until his parents bought a used computer, along with internet access, and he could tap into expertise outside Malatya, specifically with the online math community. Within a few years he won a national mathematics competition and then a silver medal at the International Math Olympiad.
Online learning changed Eren’s life, and he committed himself to creating a way for people everywhere to reach their full potential. After attending university, he moved to the United States, and in 2010, with like-minded co-founders Oktay Caglar and Gagan Biyani, he started Udemy. The first courses appeared online in 2011, and within three years the young company had more than a million learners.
Udemy is now a leading destination for learning and teaching online, both for individuals and organizations. Thanks to a thriving community of learners, instructors, Udemy Business customers, business partners, and employees, we’ve been able to achieve great things thus far. Becoming a publicly traded company marks the next step in our journey, which we hope will better enable us to continue our mission of creating new possibilities for people everywhere.