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Why do you think Byju’s is falling?

Apart from unethical sales practices, toxic work culture and mindless accusations, what do you think went wring with Byju’s.

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StartupBaba

Stealth

9 months ago

Byjus was pofitable before Covid . Multiple Reasons 1) Acquisitions that did not add any value wasted the money raised. For Eg - Acquisitions of WhitehatJr, Toppr etc was a waste of resources and management bandwidth. 2) Did not hire a CFO. 3) Over hiring. 4) Too many experiments and the same sales team used to sell all products resulting in cannibalisation
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GoldenHandcuff

Amazon

9 months ago

Tech fell because they replaced Prakash Ramachandran - CTO silently and bought Anil goel who then bought his amazon friends and then started THEY ( old folks who made 0 to 22 billion) vs US ( Anil and his oyo and his amazon friends). And clearly Anil and his oyo and his amazon friends bougth byjus from 22 billion $ to 3 Billion $. Tech ka majak bana diya inhone mil kar. For other departments i can’t commit but yes Tech i was a part of it for 6 years.
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Tomatwo

Student

9 months ago

As X of this prestigious/s 🤌 company which plays with parents emotion deserves this. My colleague who was promoted 2 months back when he resigned they demoted him and put it on experience letter as previous designation. Such bullshit company deserve this. I am very happy. They really played with kids emotions. 300 crore package to Wolf Gupta kid 👏
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BinaryBillionaire

Stealth

9 months ago

Who hurt my boi?🥺
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Whatsinthename

Stealth

9 months ago

Covid-19 is over, schools have opened, the concept of online leaning doesn't seem to work. Their growth was not sustainable but focused on grabbing as much investment as they can and got unserviceable debt. Also why the hell did they sponsor IPL as a ed-tech start up?
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Elon_Musk

X.com

9 months ago

IPL? Bruh they sponsored FIFA world cup. Biju is a scam.
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BinaryBillionaire

Stealth

9 months ago

Looks like they wanted to go all over the world with all these IPL and FIFA world cup, so that they could justify their $22 billion peak valuation
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bootstrapfounder

Navi Technologies

9 months ago

Formal Edtech has been offline and will be offline FullStop …… Take any company in this space has died, is dying or will eventually
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Office Gossip on

by StartupBabaSr

Zomato

Ask me anything about Byjus

Except my name and designation

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Indian Startups on

by GoldenHandcuff

Amazon

Byjus Valuation Sliced By 99% - Rasing a 200 million $ through rights issue at 250 million dollars

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News Discussion on

by randomjocke

Porter

What’s happening with byjus?

First the audit report got delayed. Now they’ve reported a loss of over 4.5k cr. And I believe they’re like a mothership of edtech, if they gone down then the entire category goes down from an investment perspective

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Office Gossip on

by Unlinedice

Startup

Work Culture

Hey all. My first post here. Can anyone tell me what the work culture is like at Unacademy and Upgrad. Currently in another ed-tech firm and looking for a shift.

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Layoffs on

by JJproduct

Startup

Hearing really bad news from BYJUs, firm has silently laid off upto 15-20 K people in months

People in the firm what is happening? Is this the end of edtech and BYJUs? What went wrong?

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Indian Startups on

by GoldenHandcuff

Amazon

Why did Byjus Fall from 22b $ to 3b $ ?

[2011- 2021] Employees at 22b $ valuation: upto 10K [2022 - 2024] Between this period byjus employees count went upto 50k and within a year came down back to original. [2024] Employees at 3b $ valuation: 12k So what went wrong in 2022 and 2023 ? The Answer to this is CORPORATE MAFIA You can identify them from their operation 1) At first couple of the members of the mafia will join any organisation as a leader. 2) Initially they will build good relationships with leadership and set imaginary sweet goals for organisational growth and sell lies. 3) They lay off / underpay existing loyal employees 4) Finally they replace existing employees with their ex- colleagues and friends who were comparatively less productive but more expensive. 5) They will take all the growth opportunities and share among themselves. 6) At the end the organisation cost increases but the actual goal is still far enough to be achieved ever.

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Indian Startups on

by AlphaGrindset

Series A Startup

Watching Captains of the World on Netflix. Just remembered Byju’s was a sponsor for the FIFA World Cup 2022.

This in addition to all the cricket sponsorship. And then getting Messi as an ambassador. All of this happened not so long back, and now the company is down to a 1 Billion dollar valuation. What was the meaning of all of this? How was this allowed to happen. There needs to be a documentary soon on Byjus.