6 Large and Expanding Addressable Market 1. Source: Evans Data Corporation, Technical Team Total Addressable Market for Morgan Stanley (January 2018) (an estimate for 20 17) . $31B of TAM for Pluralsight Skills, $11B of TAM for Pluralsight Flow. 2. Source: Global Market Insights, Global eLearning Market Size worth over $300bn by 2025 ( https://www.gminsights.com/pressrelease/elearning - market ). Analyst Estimated Market >$ 300Bn by 2025 Global eLearning Market Size (2) Global corporate training shifting toward technology training $42Bn 102MM Global Technical Team Members (1) Todays TAM Penetration