| Founded | 2013 |
|---|---|
| Closed | 2021 |
| Country | China |
| Sector | Edtech |
| Collapse type | Regulatory Kill |
| Founder | Cindy Mi |
VIPKid
"Beijing's double-reduction policy killed a $3B edtech empire overnight."
Forced closure by regulatory action
Key Events Timeline
VIPKid, founded by Cindy Mi, raised over $825M and connected 800,000 Chinese children with North American English tutors.
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