Save On Magoosh
Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which describes a smart person and this word likewise represents Iranian origin) is an online test preparation and study abroad counselling business based in Berkeley, California that informs students through audio/video lessons, practice test concerns, and online e-mail assistance.
The business also has 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 questions with video descriptions.
Over the next 2 years, as Magoosh’s client base began to broaden, the GMAT product and the Magoosh team continued to grow. Save On Magoosh. Pejman stepped far from the service in 2010 to pursue other chances however remained on the board. Hansoo and Bhavin worked with two full-time staff members and, with them on board, established a brand-new preparation program for the GRE.
Save On Magoosh
In December 2011, Magoosh provided away 800 complimentary SAT accounts to high school students through collaborations with Bay Area non-profit companies. 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 needed to eliminate himself from everyday operations.
Bhavin Parikh and former co-founder Pejman Pour-Moezzi, together with Lee’s fiancée Wendy Lim, established The Hansoo Lee Fellowship for Entrepreneurs, which is utilized each year to support Haas MBA students wanting to pursue their entrepreneurial ventures full-time. After Hansoo’s passing, Bhavin ended up being the CEO and the only staying co-founder of Magoosh.
In 2015, it launched complete prep programs for the ACT, LSAT and Praxis examinations. And in 2016, the business introduced a full MCAT item. To date, Magoosh has about 30 in-office workers at its workplaces in downtown Berkeley and more than 1.5 million students have actually utilized Magoosh’s web and mobile apps to get ready for standardized examinations.  The company has actually been ranked by Inc.
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and by Business owner magazine as one of the best entrepreneurial business in America.  San Francisco Business Times No. 21 Fastest-Growing Private Business in the Bay Location (2016) Business Owner 360 No. 111 Best Entrepreneurial Business in the U.S. (2016) Inc. 500 No. 186 Fastest-Growing Private Business in the U.S. (2016) Localwise Best Company: Education (2016) San Francisco Company Times No.
2 Fastest Growing Business in the East Bay (2015) TINYpulse Happiest Business in Education (2015, 2017) Intel Foundation Entrepreneurial Award (2010) North Bridge Venture Partners Competitors (2010) UC Berkeley Center for Entrepreneurship and Innovation Venture Laboratory Competitors (2009) Innovative, The (2012-04-02). “The Ingenious Business: Magoosh Modifications the Way Trainees Preparation for Standardized Tests” – Save On Magoosh.
Recovered 2013-06-21. Garland, Russ (2010-06-16). “The Daily Start-Up: Bubble Survivor Coremetrics To Wed IBM – Equity Capital Dispatch – WSJ”. Blogs.wsj.com. Retrieved 2013-06-21. ^ “Magoosh Reveals a Video Bible for the Newly Revised GRE”. Xconomy. 2011-09-13. Retrieved 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. Retrieved Jul 23, 2019. “Website Offers SAT Preparation Free Of Charge|Fox Organisation 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. Retrieved Jul 23, 2019. “Haas MBA graduate and entrepreneur Hansoo Lee passes away at age 35 – The Daily Californian”.
2013-03-17. Recovered 2013-06-21. “The Bay Location’s 100 fastest-growing personal business of 2016”. Bizjournals.com. 2016-10-14. Recovered 2016-12-14. “Entrepreneur Magazine”. entrepreneur.com. 2016-04-10. Obtained 2016-12-14. “Inc. Magazine “. inc.com. 2016-04-10. Recovered 2016-12-14. “2016 Work Regional Awards”. localwisejobs. Save On Magoosh.com. 2016-04-10. Retrieved 2015-06-11. “The Bay Location’s 100 fastest-growing personal companies of 2015”. Bizjournals.com. 2015-10-20. Recovered 2015-06-11. “2015 Happiest Company Awards”.
2015-02-01. Recovered 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Company Awards”. www.tinypulse.com. Retrieved 2018-01-25. “Natural Gas Development Wins Intel Entrepreneurial Award” (Save On Magoosh). Newsroom.intel.com. 2010-11-18. Retrieved 2013-06-21. ^ “North Bridge Venture Partners Reveals Winners of $150K Seed Capital Competition|North Bridge”. Nbvp.northbridge.com. Recovered 2013-06-21.