VIPKID

“Our team are many of our wake up calls are a set of 10 customer phone calls from the previous day. Some of us would do it nine a.m. On the way to work seven a.m. On the way to like doing on the in the gym, or for me, six to 30 a.m. To listen to all those custo…”

“And today VIP kid has more than 60,000 teachers. It's almost three times of the supply.”

“I personally interviewed and persuaded our first 20 teachers.”

“I think for VIP kids, the core of its success is because parents, teachers, our colleagues, all 10,000 of them, ultimately what we want is student success.”

“It took us a year and a half to understand that product market fit.”

“And she posted on, on Weibo. So about 2000 parents sign up for the day, and we took her three months to call them back.”

“Texas is our largest teacher state.”

“We started with actually four students. Because we cannot find the fifths. Or the fifth students. Yeah, and Sinovation Ventures, Dr. Kaifu Lee. They had to help us find the first three.”

“So I dropped out of high school when I was in, in the 11th grade, but nevertheless, I was very lucky because I started tutoring young kids English when I was 15 years old part time.”

“We have lowered significantly the one-on-one learning experience, the cost for the parents by more than 50%.”

“VIPKID brings value to our teachers in a way that we pay our teachers about 20 US dollar per hour.”