ThinkTank Learning Revenue and Competitors

ThinkTank Learning was founded in 2002 by three U.C. Berkeley graduates who had grown tired of the traditional approach to education. Steven Ma, current ThinkTank President and a former high school math teacher recalls, "We were just sickened that students were being short-changed by the educational system - students were bored, their demands weren't being met, and they were not achieving what we knew they could." ThinkTank grew quickly, from a small, 100-square-foot office to a free-standing building in Cupertino within the span of a year. The services offered grew as well. Classes were the primary focus of the program, but the demand for SAT preparation and tutoring began to flow in. ThinkTank met the demand by developing the approach of "Anything, Anytime, Anywhere," and implemented their in-home tutoring program. Soon, the SAT prep program was expanded, and other centers were developed throughout the Bay Area. Shortly thereafter, one of the largest additions to the ThinkTank curriculum was made: the college consulting program. PCAP, short for Premium College Admission Package, was developed in order to meet the demand for assistance with college admissions. The first year started off with a rather small cohort of students, but, in true ThinkTank fashion, it grew at a rapid pace. Parents and students alike, recognizing both the cutthroat competition in college admissions as well as the success rate of PCAP, soon began to turn to the program in droves in order to learn how to best attack the college application. ThinkTank has consistently increased its presence in the Bay Area since 2004, having added an annex in Cupertino and having recently opened a learning center in Millbrae. It appears that 2008 will be the year that that ThinkTank brings itself to the world's stage, as several of their international projects will come to fruition.