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).
Alia Kemet, vice president of creative and digital at McCormick, joins Cheddar News to discuss Frank's RedHot releasing an edible NFT ahead of the Super Bowl.
Xiaohua Yang, professor of international business and director of the China Business Studies Initiative at the University of San Francisco, joins Cheddar News to talk about the history of Lunar New Year.
Fundrise is an investment platform that allows its users to access a diversified portfolio of real estate investments. The company found more than 70 percent of 1,000 Gen Z and Millenial investors surveyed were concerned about inflation and 66 percent were putting their money in real estate, venture capital, and crypto as a safety net. Ben Miller, CEO and co-founder of Fundrise, joined Cheddar to talk about providing retail investors access to the previously difficult-to-access private real estate markets. "I think there's there's an understanding in society that real estate is where you go when there's high inflation," Miller said.
In January alone, the gaming sector has seen three major acquisitions. Yesterday, Sony added to the flurry of M&A activity in the gaming space, snatching up game developer 'Bungie' for $3.6 billion dollars. Renee Gittins, executive director at the International Gaming Developers Association, joins Cheddar News to discuss.
General Motors reported its Q4 earnings Tuesday. While chip shortages impacted sales and revenue last quarter, Paul Jacobson, GM Chief Financial Officer, told Cheddar chip availability has gotten better since Q3. This is crucial as GM has pivoted its focus toward electric vehicles. It recently announced it will be building a new battery plant in Michigan, making $35 billion in EV investments, and producing a million electric vehicles by 2025.
