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Khan Academy
Khan Academy began in 2006 when Salman Khan, a former hedge fund analyst, started recording math tutorial videos on YouTube to help tutor his cousin remotely, and the videos gradually attracted a large enough audience that Khan left his finance career to build Khan Academy into a full nonprofit organization. The platform's entirely free, ad-free model, funded through philanthropic donations from organizations including the Bill & Melinda Gates Foundation and Google, distinguished it sharply from the subscription-based business model most subsequent online education platforms adopted. Khan Academy's curriculum expanded well beyond its original math focus into science, humanities, computer programming, and standardized test preparation, and its mastery-based learning approach, letting students progress at their own pace rather than a fixed classroom schedule, influenced broader discussions about personalized education. Khan Academy's combination of its origin as a single tutor's YouTube videos and its enduring commitment to a free, philanthropically funded model has made it one of the most widely used and socially significant online learning platforms ever created.
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Udemy
Udemy was founded in 2010, built around an open marketplace model letting virtually any individual instructor create and sell their own online course on any subject, a significantly more open and decentralized approach than platforms built around institutional university partnerships. The platform's marketplace structure, with instructors setting their own course content and often competing directly with other instructors teaching similar subjects, created an unusually large and varied course catalog spanning technical skills, business topics, and countless niche hobbyist subjects. Udemy's frequent deep-discount pricing promotions, regularly offering courses normally priced much higher for a small fraction of that cost, became a well-known and sometimes criticized part of the platform's sales strategy, reflecting the competitive economics of its open instructor marketplace. Udemy's combination of its open marketplace model for independent instructors and its massive, wide-ranging course catalog has made it one of the largest online learning platforms by total course volume in the industry.
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