A threshold graph is any graph which can be constructed from the empty graph by repeatedly adding a new vertex that is either adjacent to every vertex or to no vertices. The Eulerian number n k counts the number of permutations of size n with exactly k ascents. Implicitly Beissinger and Peled proved that the number of labelled threshold graphs on n ≥ 2 vertices isTheir proof used generating functions. We give a direct combinatorial proof of this result.