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).
Miami's real estate market has boomed since early 2020, thanks to an overall strong housing market, remote work, and no income tax as incentives. The city is preparing to welcome even more residents as people relocate to warmer climates to work from home. Garrett Derderian, director of market intelligence at SERHANT, joined Cheddar to discuss the Magic City's red hot market.
Rockstar Energy, a subsidiary of Pepsico, unveiled its new beverage brand, Rockstar Unplugged, changing up the energy drink formula with hemp seed oil as an ingredient. PepsiCo Energy CMO Fabiola Torres joined Cheddar News to talk about how the product promotes “good vibes” and allows consumers to unwind and discuss partnering with "MTV Unplugged" for a concert series. "We couldn't find a better partnership that MTV," she said. "MTV Unplugged has been such an iconic proposition … and we believe that we're the right partners because the insight of our proposition for Rockstar Unplugged comes from music.
Eight months after the National Football League announced $1 million in research into cannabinoids, the NFL-NFLPA Joint Pain Management Committee has awarded the funding to two teams of medical researchers at the University of California San Diego and the University of Regina. The NFL says the studies will investigate the effects of cannabinoids on pain management and neuroprotection from concussion in elite football players, respectively. Cheddar correspondent Chloe Ailello spoke with Jeff Miller, the executive vice president of communications, public affairs, and policy for the NFL, about the studies, as well as the recent lawsuit filed against the NFL by former Miami Dolphins head coach Brian Flores. "Maybe we can learn things from other alternative pain approaches that are going to benefit our player population and then sports medicine as a whole," Miller said.
All Hands celebrates Black History Month by highlighting achievements in inclusivity and paying homage to those who have fought for equal rights. Rep. Maxine Waters (D-CA) joins Cheddar News to discuss voter suppression; Damali Peterman, CEO of Breakthrough ADR, elaborates on the biggest barriers for Black professionals; Andre Perry, senior fellow of Brookings Institution, dives into student loans and the racial wealth divide; and lastly, BET CEO Scott Mills discusses the company's initiatives for 2022.
Hinge users who have children can opt-in to a $100 stipend up to $25,000 for childcare. Logan Ury, the director of relationship science for the online dating platform, noted the issue as an obstacle for single parents who want to go out on dates. "We have heard that singles with children have a hard time going on dates for one of the reasons being that it's just hard to find childcare and it's hard to be able to afford it," she said. Ury also said that the hot topic among Hinge's users is mental health and the prioritizing of mental health.
According to the Federal Reserve, the investment gap between Black and white Americans has remained substantial, with only 34 percent of Black households joining in on the historic rise in the markets. Stacey Tisdale, the first Black woman to have reported from the NYSE and the CEO and president of Mind Money Media Inc., said that the data might not be as disheartening as it seems. "I think that number is very deceiving. That Federal Reserve study is actually from 2019, and it's very important that we all look beneath that number and look beneath the surface because there is nothing short of an investing revolution going on in the Black community," Tisdale said.