Byju’s valuation reduced from $22Bn to sub $3Bn by Prosus
Investment giant Prosus has written down the valuation of edtech giant Byju's to below $3 billion, marking a steep drop from the $22 billion...
https://trib.al/5q5gZB2
I have personal grudge against Byjus
They swindled me when I bought their courses in 11th and 12th grade. The courses were really sub par
Qwerty2398
Stealth
10 months ago
True.. but have you seen the crowd?.. I don't see any reduction in that crowd. Infact it's probably going up. if I was on LinkedIn , I would put posting titled "management lessons from RC".. if you charge high, you can sell shit in our country.
Yamprofessional
Stealth
10 months ago
💯🫡
Qwerty2398
Stealth
10 months ago
Hope this is over soon. Time to close such nonsense business.
RichDadsPoorSon
Stealth
10 months ago
Ah the man and company that made EdTech seem like the next big thing and decided to fuck it up for everyone in the industry as well
Customers asking for refund, Investors asking for profitability, Employees asking for self respect, pending FnF’s, pending PF payments, selling units at losses - The day Byjus would file bankruptcy, i would be the happiest Ex Byuite !
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Just in : BlackRock cuts Byju’s valuation by 95% to $1 billion 🌀
Sad state of Indian Edtech. Next would be Unacademy.
BlackRock has yet again cut the value of its holding in Byju's, slashing the implied valuation of the Indian startup to $1 billion from $22 ...
https://techcrunch.com/2024/01/11/blackrock-cuts-byjus-valuation-by-95-to-1-billion/