Credit: Courtesy of Thinkific
Thinkific COO Miranda Lievers and CEO Greg Smith
Miranda Lievers and Greg Smith, co-founders of the Vancouver-based course creation platform, chat about building their business and the future of learning
The first time Greg Smith got the billion-dollar question was in 2015. That’s when the co-founder of Thinkific Labs had his first meeting with Fraser Hall and Jay Rhind of Rhino Ventures, which went on to become an investor in his online education business.
“Fraser and Jay asked me, Do you see this growing to a billion-dollar company?” Smith recalls. “It was the first time anybody had asked me that and the first time I’d even considered that possibility.”
Smith and his three co-founders at Thinkific, which lets entrepreneurs and organizations create their own digital courses, gave it some thought. “And I said, You know what? I think the market is big enough that that opportunity is there.”
He wasn’t wrong. As of April 27, Vancouver-based Thinkific was worth a cool $1.25 billion after raising $160 million in its Toronto Stock Exchange debut. Issued at $13, the company’s shares closed at $15.60.
Interviewed with Smith the day before Thinkific went public, co-founder and COO Miranda Lievers says she hasn’t been preoccupied with the IPO. “In many ways, I’m most excited about getting back to focusing on the team and looking forward,”…