The Business Model of Go Student
Go Student is an online tutoring platform founded by the young founders Felix Ohswald (CEO) and Gregor Müller (COO) in Vienna in 2016. The company shows the future of the education sector by offering individual digital tutoring sessions for all grades and school subjects for a fee. The lecturers are connected to the students live via a specially created platform by video call. The teachers can use a virtual blackboard, tools for screen transmission and presentation. To ensure long-term success in a subject, memberships are required for 1-4 sessions per week for a period of 6, 12 or 24 months. In addition, a package for a one-off 60 units is offered at a fixed price. One tutoring unit costs between 18.80 and 26.90 euros per hour, which makes the offer cheaper than physical lessons. The platform is now active in 22 different countries. The GoStudent platform handles +450,000 tutoring courses per month.