Zach Sims is the co-founder and CEO of t…

Zach Sims is the co-founder and CEO of the Codecademy website.  As a 22 year old CEO, much of Zach’s biography involves some of the short term projects he’s worked on to date such as Drop.io (acquired by Facebook), AOL’s venture group, and GroupMe (acquired by Skype).

 

Zach Sims
Codecademy

Codecademy is a website designed to help students learn how to program through a fun, progress tracking and badge obtaining system.  In this 6 minute interview, Zach and co-founder Ryan Bubinski describe their ascension to Codecademy :

Ryan Bubinski and Zach Sims, Co-founders of Codecademy from Venture Studio on Vimeo.

 

 

As young entrepreneurs, Zach and Ryan amassed over 200,000 followers within 3 days of launching without any advertising which then lead to a few investors offering to fund the venture.  In October 2011, they raised $2.5 million in Series A funding and have since added another $10 million in Series B funding this past June.  By the end of 2011, the site had garnered over a million users.  Although no clear indication on how they are aiming to gain revenue from the venture, there are a multitude of options that will become available in coming years as the user base continues to expand.  Among the options:

  • Offering prospective companies a look at potential programmer profiles and earning headhunting premiums upon signing students.
  • Introducing premium accounts that offer additional languages and lessons
  • Incorporating a micro-economy that leverages the availability of students and teachers

As Codecademy is still in its infancy, it is difficult to evaluate their team as it is still expanding and is likely to triple in size within the next year.  In its current state, Codecademy employs three engineers, two education specialists, a user experience designer, and a community relations specialist.

 

Posted in: Week 04: Entrepreneur Bootcamp