Spectrum partnered with lynda.com after more than 5 years of getting to know the founders and management team, during which time the company emerged as a category leader in online learning and education technology. Lynda.com was growing both individual subscribers and enterprise accounts rapidly, leveraging the size of its content library and passionate user base. Spectrum drew on its deep experience with similar business models to help recruit senior management, implement best practices, guide strategic direction, and introduce acquisition targets.
At the time of its acquisition by LinkedIn, lynda.com had grown to more than 300,000 subscribers and 11,000 enterprise accounts accessing over 3,500 courses. In addition, the company had accelerated its rate of content creation while increasing efficiency.