Episode Details
Back to EpisodesHe Bought a College to Fix Higher Ed — Tade Oyerinde’s $100M Vision
Episode 6
Published 11 months, 3 weeks ago
Description
Tade Oyerinde is the founder and chancellor of Campus, a revolutionary online community college reimagining access to higher education. Starting with viral dorm-room startups, Tade’s journey took him from building UniRoulette and CampusWire to acquiring an accredited college and launching Campus. Today, Campus serves over 2,000 students, employs 240+ staff, and has raised $100M+ in venture capital, all while helping students graduate debt-free.
In this conversation, Tade shares the winding path to building Campus, including:
- Building viral products from a college dorm
- Pivoting away from unsustainable growth and recognizing false signals
- Learning the limitations of synchronous social platforms
- Discovering the adjunct professor pay gap—and turning it into a wedge
- The insight that top professors teach at community colleges too
- Why he acquired a college instead of starting one from scratch
- Building custom education software from the ground up
- Raising capital from Sam Altman, Jason Citron, and General Catalyst
- Why Campus prioritizes human support over AI
- Much more
🔑 Key Takeaways
- Viral ≠ Valuable: Tade learned early that virality alone doesn’t lead to retention or sustainable business models.
- Adjuncts are the secret weapon: Many top professors are adjuncts—underpaid and overlooked—yet open to better platforms.
- Perception ≠ quality: Community colleges often offer courses from the same professors as elite schools, but carry social stigma.
- Build infrastructure, not integrations: Campus runs fully on internally built tools for instruction, administration, and student support.
- Debt-free college is viable: Through Pell Grants and optimized economics, 86% of Campus students pay $0 out-of-pocket.
- Support at scale is human-powered: Every 50 students are supported by a real advisor, counselor, or coach—not AI.
- Raising was milestone-driven: Capital was unlocked at each inflection point—acquisition, accreditation, first students, scaled cohorts.
- Skepticism is a superpower: Having experienced the hype-crash cycle before, Tade built Campus with deliberate, durable conviction.
Brought to you by:
- Fondo — The all-in-one accounting platform for startups: https://www.fondo.com
Where to Find Tade Oyerinde
- LinkedIn: https://www.linkedin.com/in/tadeoyerinde
- Website: https://www.campus.edu
Where to Find David Phillips (Host)
In This Episode, We Cover
- (00:00) Intro to Tade and the Campus vision
- (01:35) The Tade origin story: homeschool, aerospace, and building UniRoulette
- (03:45) Going viral and raising a seed round in London
- (05:55) The retention issue with synchronous social apps
- (07:15) Pivoting into mobile apps for universities
- (09:35) Building CampusWire and avoiding enterprise sales
- (11:05) Cold emailing 1M professors to grow
- (12:45) How COVID created a head-fake spike
- (14:20) Discovering the adjunct pay gap
- (15:35) The insight that U