Why we invested in Numerade
by Khaled HeliouiNhon and Alex’s story resonated with me as the feeling of injustice they dealt with while growing up is not theoretical to me. Being put in a class for challenged children with my brother when I moved to France at 5 years old, I understood far too well that the illusion of meritocracy our society struggles to maintain is a double-edged sword for most underprivileged kids.
Little can match the resolve of founders who leverage the scars inherited from their personal lives to fix a broken part of society. Beyond the uncommon level of resolve and drive of Nhon and Alex, their unique understanding of the challenges students without privilege face and their ability to build the most compelling content, in the relevant format, while scaling one of the largest audiences in the industry without real marketing spending was for me unprecedented, with over 10 years investing in EdTech companies.
There are no excuses to maintain or justify artificial barriers (unaffordable private tutoring) to education, and it was clear to me that it was not only the right model but the perfect team with the right kind of education to break these barriers and scale their impact globally.