As the leading platform for top-tier universities seeking to scale their graduate degree programs online, 2U went public in 2014 with shares rising from their IPO price of $13 to at one point over $98. But its path to success wasn’t easy.
Founded in 2008 amid the Lehman Brothers collapse, 2U not only faced a challenging environment to raise capital but also plenty of skeptics who questioned if the fledgling technology startup could deliver an online learning experience that would be equal to that of a traditional, on-campus program.
Today it’s safe to say that 2U has since won over its naysayers.
Under Co-Founder and CEO Chip Paucek’s leadership, 2U has since launched 64 degree programs with a roster of top-tier universities including Yale, Northwestern and UC Berkeley. Perhaps just as equally impressive as its business performance are its student outcome metrics. In its first decade, 38,000-plus students have enrolled in its graduate degree programs with a 83% retention rate and NPS scores that rival both Netflix and Apple.
In this exclusive event, join us to learn about Chip’s entrepreneurial journey and the experiences that have shaped his personal leadership philosophy. Get the behind-the-scenes story on how he first sold his vision for 2U to its earliest university partners and then steered the company to a successful IPO. And finally, hear his views on where the future of online higher education is headed and where he sees market opportunities for 2U.
Nasdaq Entrepreneurial Center