Nerdy SPAC Presentation Deck
COVID Impact and Recovery
2020
Created Short Term Challenges
Some schools went to optional grading, many
standardized tests and professional exams were
suspended, which led to declines in our test prep
business
We Responded with Innovation
We finished transition to providing live instruction
100% online. Invested in new products &
integrated learning formats into single destination.
Improved unit economics and became
self-sustaining in 2H 2020
2021 and Beyond
Headwinds Turn to Tailwinds
Consumer need for supplemental help grows as
students look to catch up academically.
Standardized and professional testing resumes
Accelerated Long-term Trend Toward Online
Consumers realized superior convenience, quality and
value of online experience vs. offline
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TPG nerdy
PACE
TECH OPPORTUNITIES
Ⓒ Nerdy / TPG Pace Tech Opportunities Corp. 2021View entire presentation