After calling them the “Titans of Testing” in a cover story last year, Entrepreneur Magazine recently named Veritas Prep co-founders Markus Moberg and Chad Troutwine two of its Trailblazers and Trendsetters of 2009, alongside the founders of other hot young companies such as New Belgium Brewing, CollegeHumor, Rockcorps, and Freshbooks.
It’s one more tribute to all of the hard work that the entire Veritas Prep team has done, from Chad and Markus to everyone here at Veritas Prep HQ to all of our GMAT instructors and admissions consultants who helped tens of thousands of business school applicants since the company’s founding in 2002.
According to Entrepreneur’s “20 Trailblazers and Trendsetters of 2009″ feature:
Veritas Prep started off as a project for an entrepreneurship class by two students attending the Yale School of Management. In 2008 the test prep company raked in about $10 million in sales in 2008. At $1,500 for a GMAT course, their price point rivals their largest competitors Kaplan and Princeton Review (Veritas Prep ranks second in GMAT prep, behind Kaplan and ahead of Princeton Review).
The twist? Veritas Prep offers about 50 percent more class time. With the advanced-degree market hitting 50-year record highs, co-founder Chad Troutwine’s outlook on Prep’s future is bright. “We’re just a rare business that will continue to do well in this economy.”
If you’re new to Veritas Prep and want to learn more about how we can help you, take a look at our industry-leading GMAT prep and admissions consulting services. Or, give us a call at (800) 925-7737 and speak with an expert today!