A Conversation With Jessica Chang, CEO of Upwards

16 Sept 2024 · 6 min
6:11

In this On Purpose interview, host Kristin talks with Jessica Chang, founder and CEO of Upwards, about her personal journey and the mission to solve the U.S. childcare crisis. Chang recounts growing up in post‑Cultural Revolution China, where community caregiving shaped her view of collective responsibility. She studied psychology and early childhood development motivated by her autistic younger brother, and later faced a painful lack of affordable childcare during her pregnancy, which led her to become a preschool operator and uncover the systemic complexities of the sector. Chang cites stark statistics: average childcare costs of $1,200‑$1,500 per month—often exceeding public college tuition—and an estimated $300 billion annual loss to the U.S. economy when parents exit the workforce due to unaffordable care. Upwards addresses the problem by building a nationwide network of small, local providers that offer 24/7 care, especially in rural areas, making childcare about 40 % more affordable and increasing accessibility for shift workers and low‑income families. She shares entrepreneurial lessons about embracing rejection (hundreds of “nos” before a “yes”), the futility of waiting for a perfect moment, and the importance of stubborn persistence rooted in her early experiences. The conversation blends personal narrative with data‑driven arguments to illustrate why solving childcare is both a social imperative and a lucrative business opportunity.

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