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posted by mrpg on Thursday December 22 2016, @07:50AM   Printer-friendly
from the ni-hao-ma dept.

Today, Mi is 33 and founder of a startup that aims to give Chinese kids the kind of education American children receive in top U.S. schools. Called VIPKid, the company matches Chinese students aged five to 12 with predominantly North American instructors to study English, math, science and other subjects. Classes take place online, typically for two or three 25-minute sessions each week.

Mi is capitalizing on an alluring arbitrage opportunity. In China, there are hundreds of millions of kids whose parents are willing to pay up if they can get high-quality education. In the U.S. and Canada, teachers are often underpaid—and many have quit the profession because they couldn't make a decent living. Growth has been explosive. The three-year-old company started this year with 200 teachers and has grown to 5,000, now working with 50,000 children. Next year, Mi anticipates she'll expand to 25,000 teachers and 200,000 children.


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  • (Score: 1) by khallow on Friday December 23 2016, @05:54AM

    by khallow (3766) Subscriber Badge on Friday December 23 2016, @05:54AM (#444953) Journal

    If you're interviewing for a job at a college, you might get away with having them give a lecture, but for the K-12 system there's just no time to do that.

    You do realize that there's more time for that in the K-12 system than in college - for all parties concerned, don't you? Teachers work less hours and students are going no more than half the speed of a college environment. What's different is that college professors tend to take hiring very seriously because having a good, compatible colleague can boost their own career, even if only indirectly via boosting the reputation of the department.