Chip Paucek

Co-Founder & Co-CEO, Pro Athlete Community (PAC)
Annapolis, Maryland,United States
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Who Is Chip Paucek?

Total Experience33 years
CompanyPro Athlete Community (PAC)
CountryUnited States

Chip Paucek is a prominent entrepreneur and visionary leader in the education technology (EdTech) sector, best known as the co-founder and former CEO of 2U, Inc. With a career spanning over three decades dedicated to leveraging technology for education, Paucek led 2U from its inception in 2008, establishing it as a global leader in online higher education. He pioneered the Online Program Management (OPM) model, building partnerships with top-tier, non-profit universities to bring their degree programs to a global audience online. His leadership was defined by the 'No Back Row' philosophy, emphasizing high-quality, intimate, and outcome-driven online learning experiences. In 2021, he orchestrated the transformative $800 million acquisition of edX, the platform founded by Harvard and MIT, creating one of the world's most comprehensive online learning platforms. Paucek stepped down as CEO in late 2023, leaving a legacy of profound impact on the accessibility and evolution of digital education.

Chip Paucek LinkedIn pageCompany Website

How Did Chip Paucek's Career Path Shape Their Journey?

Chip Paucek's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

Pro Athlete Community (PAC) - Co-Founder & Co-CEO(2022 to Present)
2U - Co-Founder & Chief Executive Officer (2012 to 2023)
2U Inc. - Co-Founder, President & COO(2008 to 2011)
Smarterville, Inc. (Hooked on Phonics) - CEO(2007 to 2008)
Educate Products & Media - President(2005 to 2007)
Educate, Inc - VP, Business Development(2004 to 2005)
Mikulski for Senate - Deputy Campaign Manager(2003 to 2004)
Cerebellum Corporation - Co-CEO(1993 to 2003)

What Are Chip Paucek's Key Achievements?

Founding and Scaling 2U

Co-founded 2U in 2008 and served as CEO for 15 years, taking the company public in 2014 (NASDAQ: TWOU) and growing it into a major force in the global EdTech landscape by partnering with dozens of the world's best universities.

Strategic Acquisition of edX

Spearheaded the landmark acquisition of the non-profit edX in 2021, uniting two major players in online learning to create a comprehensive free-to-degree educational marketplace for over 50 million learners.

Ernst & Young Entrepreneur Of The Year

Was named the Ernst & Young Entrepreneur Of The Year 2012 in the Washington D.C. region, recognizing his innovative leadership and significant contributions to the education industry.

Goldman Sachs' 100 Most Intriguing Entrepreneurs

Recognized by Goldman Sachs as one of the '100 Most Intriguing Entrepreneurs' in 2013 for his transformative work and entrepreneurial success in disrupting and improving higher education.

What's Chip Paucek's Educational Background?

Master of Business Administration (M.B.A.)

UNC Kenan-Flagler Business School - Year 2012

BA, Political Communication

The George Washington University - Year 1988

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Company Overview

Pro Athlete Community (PAC)
Total employees25
HeadquartersNew York
Founded2021

Pro Athlete Community (PAC) is an exclusive, private digital platform designed for current and former professional athletes. It serves as a trusted network where athletes can connect with peers, access resources for personal and professional development, explore career opportunities beyond their sport, and engage in a supportive community environment.

Company Website
Pro Athlete Community (PAC) Funding Information
$2.5M - Total Funding Raised
$2.5M - Most recent funding amount
2 - Number of funding rounds
Sep 29, 2022 - Latest funding round
Lead Investors:
Sinai Ventures
Gaingels
Thirty Five Ventures

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