Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which describes a sensible individual and this word also represents Iranian origin) is an online test preparation and study abroad counselling business based in Berkeley, California that educates students through audio/video lessons, practice test questions, and online e-mail support.
The business also has totally free mobile apps for both iPhone and Android – Fake Price. Magoosh was founded in 2009 by Hansoo Lee, Bhavin Parikh, Pejman Pour-Moezzi and Vikram Shenoy while they were students at the Haas School of Organisation at UC Berkeley. In June 2009, Magoosh released its very first item– GMAT math practice questions with video explanations.
Over the next two years, as Magoosh’s consumer base began to expand, the GMAT product and the Magoosh group continued to grow. Fake Price. Pejman stepped away from business in 2010 to pursue other opportunities but stayed on the board. Hansoo and Bhavin worked with 2 full-time workers and, with them on board, established a brand-new prep program for the GRE.
In December 2011, Magoosh gave away 800 free SAT accounts to high school students through partnerships with Bay Location non-profit organizations. It was likewise around this time that Bhavin’s co-founder Hansoo Lee was diagnosed with an unusual case of non-smokers’ lung cancer and needed to eliminate himself from daily operations.
Bhavin Parikh and previous co-founder Pejman Pour-Moezzi, in addition to Lee’s fiancée Wendy Lim, founded The Hansoo Lee Fellowship for Business Owners, which is utilized each year to support Haas MBA students wishing to pursue their entrepreneurial endeavors full-time. After Hansoo’s death, Bhavin ended up being the CEO and the only staying co-founder of Magoosh.
In 2015, it introduced full prep programs for the ACT, LSAT and Praxis examinations. And in 2016, the company released a complete MCAT item. To date, Magoosh has about 30 in-office workers at its offices in downtown Berkeley and more than 1.5 million trainees have used Magoosh’s web and mobile apps to prepare for standardized examinations.  The business has actually been ranked by Inc.
and by Entrepreneur publication as one of the very best entrepreneurial companies in America.  San Francisco Organisation Times No. 21 Fastest-Growing Private Business in the Bay Location (2016) Entrepreneur 360 No. 111 Best Entrepreneurial Business in the U.S. (2016) Inc. 500 No. 186 Fastest-Growing Private Company in the U.S. (2016) Localwise Finest Company: Education (2016) San Francisco Service Times No.
2 Fastest Growing Business in the East Bay (2015) TINYpulse Happiest Business in Education (2015, 2017) Intel Structure Entrepreneurial Award (2010) North Bridge Venture Partners Competitors (2010) UC Berkeley Center for Entrepreneurship and Innovation Venture Laboratory Competition (2009) Ingenious, The (2012-04-02). “The Innovative Business: Magoosh Changes the Way Trainees Prep for Standardized Tests” – Fake Price.
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Rightstartups.com. 2013-04-20. Recovered 2013-06-21. “Group”. Magoosh. Retrieved Jul 23, 2019. “Website Offers SAT Prep Free Of Charge|Fox Service Video”. Video.foxbusiness.com. 2011-11-08. Recovered 2013-06-21. Buchanan, Leigh (Aug 30, 2016). “How I Kept Our Start-up Dream Alive After Losing My Co-Founder”. Inc.com. Obtained Jul 23, 2019. “Haas MBA graduate and business owner Hansoo Lee passes away at age 35 – The Daily Californian”.
2013-03-17. Obtained 2013-06-21. “The Bay Area’s 100 fastest-growing private companies of 2016”. Bizjournals.com. 2016-10-14. Obtained 2016-12-14. “Entrepreneur Magazine”. entrepreneur.com. 2016-04-10. Recovered 2016-12-14. “Inc. Publication “. inc.com. 2016-04-10. Obtained 2016-12-14. “2016 Work Regional Awards”. localwisejobs. Fake Price.com. 2016-04-10. Recovered 2015-06-11. “The Bay Area’s 100 fastest-growing private companies of 2015”. Bizjournals.com. 2015-10-20. Obtained 2015-06-11. “2015 Happiest Company Awards”.
2015-02-01. Recovered 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Business Awards”. www.tinypulse.com. Recovered 2018-01-25. “Natural Gas Development Wins Intel Entrepreneurial Award” (Fake Price). Newsroom.intel.com. 2010-11-18. Retrieved 2013-06-21. ^ “North Bridge Venture Partners Announces Winners of $150K Seed Capital Competition|North Bridge”. Nbvp.northbridge.com. Retrieved 2013-06-21.