Where Data Tells the Story
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TED — the company that became known as the online go-to for illuminating, if somewhat formulaic, talks on everything from body language to spam emails — has called off its eight-month search for a new boss, announcing that it’s found the “beautiful answer” to who will lead the company into the future.
That solution? New “Vision Steward” Sal Khan, the founder of Khan Academy, a pioneering not-for-profit edtech company that offers resources for millions of kindergarten- to college-aged students across the world. Khan, who’s hosted his own TED Talks on various educational methods, will take the reins from Chris Anderson, who turned the company into a charity and changed its fortunes after buying it for $14 million when it was languishing in the wake of the dot-com crash in 2001.
As The Economist pointed out last week, the company’s financials have flourished under Anderson: revenues rose above the $100 million mark in 2023, while some potential suitors valued the company at $1 billion since February, per the boss. However, YouTube search interest in the clips from its conferences, where standard tickets cost as much as $12,500, has waned.
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