Number
LearnVest sold to Northwestern Mutual for $375M
Alexa von Tobel sold LearnVest to Northwestern Mutual on March 25, 2015, for about $375 million, five years after launching.
$375M
Acquisition price · USD
“And on our 5th birthday, on March 25th, 2015, sold the business to Northwestern Mutual for about $375 million.”
Number
Harvard Business Review out-earns Harvard Business School tuition
Shaan notes Harvard Business Review makes $300M a year in sales at roughly 50% profit, generating more revenue than Harvard Business School's tuition, largely by licensing case studies that sell on the Harvard brand alone.
$300M
Annual revenue · USD/year
“Harvard Business Review makes $300 million a year in sales, and it's like half profit. Harvard Business Review, like the publisher, makes more revenue than Harvard Business School tuition.”