June 18, 2014
The Wall Street Journal recently published a feature on Miami-based startup Open English, led by Andres Moreno, which is now valued at an estimated $350 million.
WSJ focused on the company’s tremendous growth that includes raising an estimated $120 million in venture capital, “underscoring the market potential of Latin America’s fast-growing middle class and the new flow of investment dollars toward startups in the region.”
Open English now employs about 2,000 people, and has 100,000 students in the Spanish-speaking world, including 5,000 in the U.S. In the interview, Moreno also his upcoming project, a Web-based Next University, which would offer online college courses throughout Latin America.
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