An extraordinary individual establishes a record and earns $5.7 billion from his academic endeavor.
An outstanding Master’s degree student at the Norwegian University of Science and Technology (NTNU) developed a concept that led to a $5.7 billion firm by combining his own genius with that of his professor.
Morten Versvik, who was then under the supervision of Professor Alf Inge Wang, enrolled in the Norwegian University of Science and Technology (NTNU) in Norway to pursue a Master’s degree in computer science.
As a future businessman, Morten Versvik viewed his time in college as a chance to create a technology that would transform education for students everywhere.
In 2021, Versvik told CNBC, “We wanted to bring out the full learning potential of all learners no matter the age, subject, or context.”
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In collaboration with his professor of computer science, they created the game-based learning platform Kahoot, which engages students worldwide.
In 2006, they began collaborating on the game. The application was introduced in 2013, a few years after they began working on the Master’s project, and has since expanded to become a $5.7 billion business.
A Master’s degree study conducted by Morten Versvik, Johan Brand, Jamie Brooker, and Professor Alf Inge Wang at the Norwegian University of Science and Technology (NTNU) led to the creation of the business, which was started in 2013.
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The Kahoot app uses “Kahoots,” which are multiple-choice tests made by a host, typically a presenter or teacher. As of 2017, 50 million people used the app each month, according to Wikipedia.
Versvik explained, “The goal was to encourage participation and competition among all students, particularly those in the back of the class.”
