Invest Like Warren Buffett: MasterClass Wants to Teach You
*By Madison Alworth*
MasterClass has raised an additional $80 million in funding, cementing the online learning platform's mission to make school "excite you again," said the co-founder and CEO.
"School often sucked the life out of us," David Rogier said Friday in an interview on Cheddar.
The latest round will be used to expand offerings in new categories and improve the student experience everywhere, beyond the U.S.
"We're going to launch in other countries, and we're going to launch classes in fields that we are not in yet, like business and politics," Rogier said.
MasterClass released its first three classes in 2015 and has since grown to offer 39 classes. Subscribers can take courses led by bestselling author James Patterson, famed journalist Bob Woodward, or chef Gordon Ramsay, among other giants of industry.
With its Series D funding, the company hopes to grow to 50 course offerings by the end of the year.
When conceiving new classes, Rogier said MasterClass relies on many parties. New instructors are added to the docket after the company polls MasterClass students, employees, and current instructors.
And, of course, there are always some teachers that MasterClass is eyeing for its "dream list."
"I would love to take a class from Warren Buffett. I would love to take a class from J.K. Rowling," Rogier said.
For the CEO, MasterClass would ideally be able to adapt in tandem with digital technology.
"The thing that I am most excited about, that we are just beginning to explore, is AR and VR. Imagine if you're going to learn a dance from Usher, how neat would it be to see where to put your feet," he said.
For full interview [click here](https://cheddar.com/videos/masterclass-raises-additional-80-million-in-series-d).
Catching you up on the stories you need to know this morning, mass shooting victims testify on Capitol Hill, the White House outlines its plan to vaccinate kids younger than five years old, and we break down how to protect yourself from monkeypox.
There are now over 1,000 plant-based restaurants in the U.S. It's clear that people are hungry for vegan alternatives at restaurants nationwide. However, when it comes to pizza, vegan options don't have the best reputation. NUMU Food Group is looking to change that with its brand new vegan mozzarella. Mike Pytlinski, CEO of NUMU Food Group, joins Cheddar News to discuss.
Tattoo artist Katrina "Kat Tat" Jackson, famous for starring in the VH1 hit series "Black Ink Crew: Chicago," is also the first Black woman to own a tattoo shop in Beverly Hills. She joined Cheddar News to discuss her trailblazing work, the stigma BIPOC tattoo artists face in the industry, and the way the space has changed for artists of color since her start. "In the beginning, I remember walking into a tattoo shop just like, hey, I wanna learn, I wanna be a tattoo artist and kind of just being laughed at, not taken seriously," she said. "Even with the tattoo conventions, a lot of African American tattoo artists were almost scared to go to conventions because it's not a welcoming environment."
Jack Miller, Head of Trading at Baird, joined Closing Bell to break down how the Securities and Exchange Commission's proposals would change the landscape for individual investors, as they face stiff opposition from brokerages like Robinhood.
Robotics automation technology company Symbotic made its market debut on the Nasdaq via a SPAC merger with SVF Investment Corp. 3, a special purpose acquisition company sponsored by an affiliate of SoftBank Investment Advisers. Symbotic rang the Opening Bell at the Nasdaq to celebrate the occasion this morning. Its debut on Wall Street comes amid an urgent need for logistics solutions, as it aims to reimagine supply chains with its A.I.-powered robotic and software platform. Tom Earnst, CFO of Symbotic, and Vikas Parekh, managing partner at Softbank Investment Advisors, join Cheddar News' Closing Bell to discuss.
Michelle Castillo joined Closing Bell to break down Elon Musk's announcement to SpaceX employees that the Starlink internet business might not see itself as an IPO until 2025, Twitter planning to hand over the user data he requested as a condition of the acquisition, and Warren Buffet-backed Chinese EV company BYD stating it will be supplying batteries to Tesla "very soon."