Aaron Skonnard is an American businessman and the co-founder and CEO of
Pluralsight
Pluralsight, LLC is an American privately held online education company that offers a variety of video training courses for software developers, IT administrators, and creative professionals through its website. Founded in 2004 by Aaron Skonna ...
.
Skonnard founded the company in 2004 with
Keith Brown, Fritz Onion, and Bill Williams, to provide online video training courses for software developers, IT administrators, and creative professionals.
Early life
Skonnard says he first began learning to
code as a child, when his father brought home an
Apple II
The Apple II (stylized as ) is an 8-bit home computer and one of the world's first highly successful mass-produced microcomputer products. It was designed primarily by Steve Wozniak; Jerry Manock developed the design of Apple II's foam-mold ...
computer. He later graduated from
Brigham Young University
Brigham Young University (BYU, sometimes referred to colloquially as The Y) is a private research university in Provo, Utah. It was founded in 1875 by religious leader Brigham Young and is sponsored by the Church of Jesus Christ of Latter-day ...
in 1996 with a degree in
Computer Science
Computer science is the study of computation, automation, and information. Computer science spans theoretical disciplines (such as algorithms, theory of computation, information theory, and automation) to practical disciplines (includin ...
. After college, prior to founding Pluralsight, he worked at
3M,
Intel
Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California, Santa Clara, California. It is the world's largest semiconductor chip manufacturer by revenue, and is one of the devel ...
, and Axiom Technologies. During this time, he published three books: ''Essential WinInet'', in 1999; ''Essential XML: Beyond Markup'', which he co-wrote with
Don Box
Don Box is a former Microsoft Technical Fellow.
Before joining Microsoft in 2002, Box was a contributing editor and columnist at ''Microsoft Systems Journal'', which later became ''MSDN Magazine'', and was one of the founders of DevelopMentor, a ...
and John Lam, and was published in 2000; and ''Essential XML Quick Reference'', co-written with Martin Gudgin, and published in 2002.
Career
Pluralsight
Skonnard, along with Keith Brown, Fritz Onion, and Bill Williams, founded Pluralsight in 2004. Originally, the company focused on classroom training courses for businesses. In 2007, they began to focus exclusively on
online video training. As the company grew, they expanded into enterprise subscriptions. Skonnard says that as of 2019, roughly 70% of
Fortune 500
The ''Fortune'' 500 is an annual list compiled and published by '' Fortune'' magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years. The list includes publicly held companies, along ...
companies have Pluralsight enterprise licenses.
Since 2012, the company has raised over $190 million in
venture funding, with a
Series A
A series A round (also known as series A financing or series A investment) is the name typically given to a company's first significant round of venture capital financing. The name refers to the class of preferred stock sold to investors in exchan ...
in 2012–2013, and a
Series B
A venture round is a type of funding round used for venture capital financing, by which startup companies obtain investment, generally from venture capitalists and other institutional investors. The availability of venture funding is among the ...
in 2014. Following their Series B, Skonnard announced the company's
valuation neared $1 billion, up from less than $100 million in 2012.
Pluralsight has been listed as an
Inc. 5000 company since 2013, ranking at 1155 in 2017.
In 2018, the company held its
IPO
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...
on the
NASDAQ
The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...
, opening at a $15 share price, and closed its first day of trading at $20, which carried a
market cap
Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders.
Market capitalization is equal to the market price per common share multiplied by ...
of over $2.5 billion.
Recognition
Skonnard has been recognized for his leadership as Pluralsight's CEO. In 2013, he received an
Ernst & Young
Ernst & Young Global Limited, trade name EY, is a multinational corporation, multinational professional services partnership headquartered in London, England. EY is one of the largest professional services networks in the world. Along with Delo ...
Entrepreneur of the Year Award. In 2016, he was announced as one of ''Utah Business''
's CEO of the Year honorees. MountainWest Capital Network also named Skonnard their Entrepreneur of the Year for 2016. Skonnard was also awarded Utah CEO of the Year at the inaugural Utah Startup Awards in 2016.
Silicon Slopes
In November 2015, Skonnard helped launch the Start Foundation, a
501(c)(3) organization hoping to improve Utah's tech industry. At launch, Skonnard was named the foundation's chairman.
In December 2016, the organizations Silicon Slopes and Beehive Startups formed a new
nonprofit together. Skonnard explained on Twitter that this would replace the Start Foundation. Skonnard serves on the organization's board, whose mission statement seeks to increase
diversity and provide resources for startups and entrepreneurs in Utah.
Investments
Skonnard has also invested in various tech startups in the Utah area, including Bevy, Divvy, Numetric, and Grow.
Personal life
He lives in Utah with his wife, Monica, and their five children.
References
{{DEFAULTSORT:Skonnard, Aaron
Year of birth missing (living people)
Living people
Brigham Young University alumni
American company founders
Businesspeople from Utah
American Latter Day Saints
American chief executives of education-related organizations