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BYJU'S

Ambani - BYJU'S

Mukesh Ambani and Reliance are planning to buy out BYJU'S liabilities in the Bankruptcy process at throw away valuations.

Since existing investors have lost interest in the company, now their say won't matter. The highest bidder will be able to buy out BYJU'S.

Great opportunity for Ambani's, Tata's and Adani's of the worst. The infra, IP and tech that BYJU'S has is easily worth more than a Billion dollars cakewalk. This is way lesser than their liabilities.

Looks like the employees and ex employees are after all safe.

5mo ago
47Kviews
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WigglyTaco
WigglyTaco
Swiggy5mo

Interesting. That means Jio and Mota bhai will have a pie in every aspect of the Indian economy from the government to the infrastructure to the education that is imparted. Good good

JumpyWalrus
JumpyWalrus
Stealth5mo

Sarcasm ๐Ÿ˜‚

WobblyRaccoon
WobblyRaccoon
Rakuten5mo

Reliance modus operandi if acquired Divide workforce into 3 tiers

  1. People who are paid way too much and have critical business know how
  2. People who are middle tier
  3. People who are required to run the business

Tier1 will have a leeway of 2 years till trusted people from Reliance learn the ropes of the business (less if learning is faster)

Tier2 will be thrown too much work (additional tasks from other businesses or role changed to include sales target)

Tier 3 , business as usual

Some people from Tier 2 , who canโ€™t adopt to Reliance way of working will leave or get fired. Tier 1 will definitely be out in 2 years barring 1/2 exceptions

Tier 3 , progress with natural attrition

Same template is followed for each new business in Reliance.

ZoomyBanana
ZoomyBanana
Capgemini5mo

Cool. How do you know ?

WobblyRaccoon
WobblyRaccoon
Rakuten5mo

Heard from a reliable colleague who was in Reliance and was offered the opportunity to become part of Tier 1 takeover insider team.

PrancingPotato
PrancingPotato
Stealth5mo

Seems to be an insider info. Thanks for sharing.

Though I think if this happens there will be restructuring which might result in layoffs.

DancingDonut
DancingDonut
Stealth5mo

What happened to the Embibe that they acquired?

SillyDonut
SillyDonut
TCS5mo

Doing fine

PerkyBanana
PerkyBanana
Stealth5mo

What is the infra, and tech here?

SillyMochi
SillyMochi
Capgemini5mo

Website, app and their 3d videos , Infra means Tables , chairs and building

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