Gagan Biyani, co-founder of Udemy, has publicly voiced his discontent regarding the company's upcoming merger with Coursera, which is valued at $2.5 billion. In a post on X, he expressed feeling 'kinda pissed' about the deal, attributing Udemy's stagnation to early decisions that diluted founder control. He pointed out that after the Series B funding round, founders owned less than 30% of the company, allowing investors to dictate leadership choices, which he believes led to a lack of innovation. Biyani noted that Udemy has had seven CEOs over its history, with significant leadership changes that did not favor the company's growth. He contrasted Udemy's journey with that of Coursera, stating that while Coursera initially had a weaker product, it has since innovated more effectively by adding corporate courses and fully-online degree programs. Despite acknowledging the inevitability of the merger, Biyani questioned the valuation of the combined entity, citing factors such as unmet growth promises and a failure to innovate. He concluded by urging the new entity to prioritize innovation in enterprise learning and AI, expressing hope that it could eventually become a $10 billion company.