Instructure’s Age of Adolescence: A Conversation With CEO Dan Goldsmith — from edsurge.com by Tony Wan
Excerpts (emphasis DSC):
…we sat down with Goldsmith in Long Beach, California, at InstructureCon, the company’s annual user conference, to learn more about what lays ahead for the company as it enters, in his words, the “adolescent phase.”
How big is the company now?
We’re over 1,200. A little less than half the company is focused on R&D, which is a pretty high percentage for a technology company like ours.
…
What’s connecting the dots between the education and corporate sides is actually the market itself. Educational institutions are recognizing that the largest growing population is the professional worker, and there’s a lot of opportunity for online programs. When institutions are extending those programs to build corporate relationships, it’s very common they use Canvas to do that. Then Bridge comes in to provide the employee development piece.
…
I asked [Instructure’s co-founder and former CEO] Josh Coates this five years ago, and now I’ll ask you. What three words would you use to describe Instructure today?
Mission-minded. Curious. Optimistic.
(Coates’ answers: Impactful. Open. Innovative.)
From DSC:
To those of you graduate students out there: Never underestimate the impact/influence that you can have!
Were it not for his volunteering as an adjunct professor at Brigham Young University, Coates might still be on vacation. In 2008, he was approached by two graduate students in his venture startup class with a fledgling idea that would become Instructure. Skeptical at first, Coates saw potential after they shared transcripts from interviews with 17 university administrators, detailing pain points and the need for a better product.
In 2014: 450 employees
In 2019: Over 1200 employees and now the #1 LMS within U.S. higher ed