ABOUT
Cindy Mi, born in Hebei, China, is a Chinese entrepreneur and educator. She is the founder and CEO of VIPKid, an online platform that connects students in China with English-speaking tutors worldwide. Cindy's passion for education began early; she started tutoring English at the age of 15. Despite dropping out of high school, she co-founded a tutoring company called ABC English with her uncle and later earned an MBA from the Cheung Kong Graduate School of Business. In 2013, she launched VIPKid, which has since become a global leader in online education. Cindy's journey is a testament to innovation and determination in the edtech industry.
BEFORE RICHES
Before Cindy Mi became a successful entrepreneur, she faced significant challenges in her educational journey. She dropped out of high school at the age of 17 due to dissatisfaction with the rigid traditional education system. Despite this, her passion for English led her to start tutoring her peers at the age of 15. She co-founded a chain of English tutoring centers called ABC English with her uncle, which gained popularity across China.
Her early experiences in education and her determination to improve English learning in China laid the foundation for her future success. These experiences eventually inspired her to create VIPKid, revolutionizing online education. Cindy's story is a powerful example of resilience and innovation.
HOW SHE MADE 1st MILLION
Cindy Mi made her fortune by founding VIPKid, an innovative online education platform that connects Chinese students with English-speaking tutors worldwide. Launched in 2013, VIPKid quickly gained popularity for its one-on-one teaching model and high-quality curriculum. The platform grew rapidly, attracting significant investments from major backers like Tencent and Sequoia Capital, and was valued at over $4 billion at its peak.
Cindy's vision of leveraging technology to bridge educational gaps, combined with her entrepreneurial spirit, turned VIPKid into a global leader in the edtech industry. Her success is a testament to her ability to innovate and meet the growing demand for quality English education in China.