Save On Magoosh
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 informs trainees through audio/video lessons, practice test questions, and online e-mail support.
The company likewise has totally free mobile apps for both iPhone and Android – Save On Magoosh. 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 launched its first product– GMAT math practice concerns with video explanations.
Over the next 2 years, as Magoosh’s consumer base started to broaden, the GMAT product and the Magoosh group continued to grow. Save On Magoosh. Pejman stepped far from the company in 2010 to pursue other opportunities but stayed on the board. Hansoo and Bhavin hired two full-time workers and, with them on board, established a brand-new preparation program for the GRE.
Save On Magoosh
In December 2011, Magoosh handed out 800 free SAT accounts to high school trainees through collaborations with Bay Location non-profit organizations. It was likewise around this time that Bhavin’s co-founder Hansoo Lee was detected with an uncommon case of non-smokers’ lung cancer and had to eliminate himself from daily operations.
Bhavin Parikh and former co-founder Pejman Pour-Moezzi, together with Lee’s fiancée Wendy Lim, founded The Hansoo Lee Fellowship for Entrepreneurs, which is used each year to support Haas MBA trainees wanting to pursue their entrepreneurial endeavors full-time. After Hansoo’s death, Bhavin became the CEO and the only remaining co-founder of Magoosh.
In 2015, it released full prep programs for the ACT, LSAT and Praxis exams. And in 2016, the business launched a complete MCAT item. To date, Magoosh has about 30 in-office employees at its workplaces in downtown Berkeley and more than 1.5 million students have actually utilized Magoosh’s web and mobile apps to prepare for standardized examinations.  The business has been ranked by Inc.
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and by Entrepreneur magazine as one of the best entrepreneurial companies in America.  San Francisco Business Times No. 21 Fastest-Growing Private Company 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 Business 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 Competition (2010) UC Berkeley Center for Entrepreneurship and Technology Venture Laboratory Competitors (2009) Ingenious, The (2012-04-02). “The Innovative Company: Magoosh Modifications the Method Trainees Preparation for Standardized Tests” – Save On Magoosh.
Retrieved 2013-06-21. Garland, Russ (2010-06-16). “The Daily Start-Up: Bubble Survivor Coremetrics To Wed IBM – Venture Capital Dispatch – WSJ”. Blogs.wsj.com. Retrieved 2013-06-21. ^ “Magoosh Unveils a Video Bible for the Freshly Modified GRE”. Xconomy. 2011-09-13. Obtained 2013-06-21 – Save On Magoosh. “Interview With Founder Of Magoosh – Online Test Prep”. Killerstartups.com. 2012-08-21. Retrieved 2013-06-21.
Save On Magoosh
Rightstartups.com. 2013-04-20. Obtained 2013-06-21. “Group”. Magoosh. Recovered Jul 23, 2019. “Site Offers SAT Preparation Free Of Charge|Fox Service Video”. Video.foxbusiness.com. 2011-11-08. Retrieved 2013-06-21. Buchanan, Leigh (Aug 30, 2016). “How I Kept Our Startup Dream Alive After Losing My Co-Founder”. Inc.com. Retrieved Jul 23, 2019. “Haas MBA graduate and entrepreneur Hansoo Lee passes away at age 35 – The Daily Californian”.
2013-03-17. Retrieved 2013-06-21. “The Bay Location’s 100 fastest-growing personal business of 2016”. Bizjournals.com. 2016-10-14. Recovered 2016-12-14. “Business owner Publication”. entrepreneur.com. 2016-04-10. Obtained 2016-12-14. “Inc. Publication “. inc.com. 2016-04-10. Retrieved 2016-12-14. “2016 Work Local Awards”. localwisejobs. Save On Magoosh.com. 2016-04-10. Obtained 2015-06-11. “The Bay Location’s 100 fastest-growing personal companies of 2015”. Bizjournals.com. 2015-10-20. Obtained 2015-06-11. “2015 Happiest Company Awards”.
2015-02-01. Obtained 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Company Awards”. www.tinypulse.com. Retrieved 2018-01-25. “Natural Gas Innovation Wins Intel Entrepreneurial Award” (Save On Magoosh). Newsroom.intel.com. 2010-11-18. Recovered 2013-06-21. ^ “North Bridge Venture Partners Announces Winners of $150K Seed Capital Competitors|North Bridge”. Nbvp.northbridge.com. Recovered 2013-06-21.