Bachho ke parents ko tuchiya bana na, wah. Competent job.

Analyst

Customer Success

A founder's bloody job is leadership and character. 
  
 He is corrupting future of Indian soul. Imbibing insanely unhealthy competition, exploiting parents fear ☹️, creating fomo. 
  
 Byjus's is nothing but a SOUL CANCER of India🫤

Senior Product Designer

Do you have anything logical or just that? :⁠-⁠)

He could raise $100bn for all I care, he and his sales/bd team are the worst kind of people on the earth who preyed on poor parents' insecurities and dream and filled their coffers. It's almost blood money in my opinion.

Engineering Manager

Brand Marketing Manager

https://www.newindianexpress.com/business/2023/may/13/edtechmajorbyjusraisesrs2000croreinfreshfundingfromusinvestmentfirm2574679.amp

Welcome to Indian Startups's Private Community

https://www.newindianexpress.com/business/2023/may/13/edtech-major-byjus-raises-rs-2000-crore-in-fresh-funding-from-us-investment-firm-2574679.amp

As a founder is he doing his job!! A competent founder.

As a founder is he doing his job!! A competent founder.- Grapevine

So again Unacademy has asked people to leave, and asked them to resign.

Leadership is so clueless about what they are doing, they fired 3-4 people whom they had hired a month ago. Imagine the situation 😂

And I don't see this stopping at Unacademy anytime soon

They are aching left, right and centre. Still some people are making advt videos with Sachin.

And the nalla has time to tweet and enjoy vacation, I pity the investors who funded them.

100th Layoff round at Unacademy

Growth Manager

What do you think will be the consequences if Byju’s collapse?

Product Manager

Name of company
Months left according to you
Reason

For me:

Byjus
7-8 months max
Selling tabs and doing fraud with poor parents 
In name of edtech doesn't work

Which indian startup do you believe will die soon and why do you believe it

30% of engineers will be gone.
50% of higher managenment will be gone.
List contains a total of 80 devs/managers/directors/Vp/CTO from Tech team, reducing the Tech Team size to merely 130.

How does byjus justify their valuation, when there is no value ?

Byjus 6th Round on 4th Dec 🥲

Software Engineer

Feedback letter from employee to Founders, CEO & CTO

Heartwarming message from ex-Byjus employee to founders.

For details just reply to this email. I will email an excel sheet of all of your failures 
 😂Lmao, that was🔥

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 billion in BlackRock has cut the value of its holding in Byju's, slashing the implied valuation of the Indian startup to $1 billion from $22 billion in early 2022.

BlackRock cuts Byju's valuation by 95% to $1 billion | TechCrunch

Just in : BlackRock cuts Byju’s valuation by 95% to $1 billion 🌀

Software Developer

Program Manager

From point 1, he made clear that “Why people shudnt join him”.

Self-pat by an EdTech founder🍿

This will be taken down from reddit by mass reporting in some time. So sharing it here before that. Ps: not my post

🚨 EdTech scam

Investor

Welcome to News Discussion's Private Community

- BYJU'S founder and CEO Byju Raveendran claims the company is on the brink of reversing its negative business cycle and launching BYJU'S 3.0, an AI-driven educational platform.
- Raveendran stated that the founders have infused approximately INR 7,500 Cr into the company over the past 29 months to meet operational needs.
- The company has failed to clear July 2024 salaries, with Raveendran blaming lenders and promising prompt payment once control is regained.
- Despite financial challenges, BYJU'S remains the largest edtech platform globally with 150 Mn monthly users, transitioning to a sustainable business model.
- Raveendran addressed ongoing legal battles with US-based lenders and denied any personal investigation by the Directorate of Enforcement. 

 Source: [Inc42](https://inc42.com/buzz/byjus-on-the-verge-of-a-turnaround-investors-ready-to-back-the-company-byju-raveendran/)

BYJU'S On The Verge Of A Turnaround, Investors Ready To Back The Company: Byju Raveendran

Journalist

If founders care more about customer then they don't have to bow infront of VCs.

Customer Obsession >> Funding Obsession

Byjus debacle $ 22B to $ 1B.

Senior Consultant

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

This dude always wants to be in the headline for everything outside of his own company doing well, generating profits 🤡😂

Says a failed arrogant founder himself 😂

- PhysicsWallah is set to raise $150 million led by Hornbill Orchid, valuing the firm at $2.8 billion.
- This marks a 2.5x increase from its last valuation in 2022 when it raised $102 million at $1.1 billion.
- Hornbill Orchid will contribute $70-80 million, with Lightspeed Venture Partners also participating.
- Despite a 91% drop in profits in FY23, the company aims to hit Rs 2,400 crore in revenue for FY24.
- The ed-tech sector faces challenges, including funding slowdowns and corporate governance issues. 

 Source: [The Arc](https://thearcweb.com/article/physicswallah-alakh-pandey-hornbill-orchid-lightspeed-4EN35JlQnHYEDas1)

PhysicsWallah's Valuation Skyrockets to $2.8 Billion Amid New Funding

This gets the figure to like 10k in that many months 🫣

BYJU'S set to fire another 4,000 employees

Paying exorbitant salaries was going to bite them sooner or later, feel sad for those who will loose their jobs. But again have come across ppl who were paid insanely and were laid off not wanting to take a pay cut and join somewhere, infact they will ask more than what was their inflated last drawn salary. Not willing to realise the harsh reality of the current situation.

Computer Operator

Data Scientist

Byju’s manages to raise more capital… yet again 👀

Corporate Strategist

Welcome to Office Gossip's Private Community

Literally, every single Founder I've encountered here seems to be an old, regressive, hard-headed boomer who hates the younger generation for their freedom.
 
Go through some DINK or WFH or Salary Rant posts and you'll be able to spot them. They are rigid in their mindset and call anyone who disagrees a degenerate, entitled, and (my personal favourite) 'influenced by the western media' lol.

Let's just ignore these morons and keep on bettering our life

Why is every single "Founder" here an a*shole?

Backend Engineer

Will these cash burning companies just continue raising money and biding time or will they implode soon?
Not well informed on this, genuinely want to know how this works
And what happens to their 1000s of employees

What will happen to BYJUs/Sharechat type companies?

I hear tales about how at their peak, BYJU's used to deal with investors. 
They would not share financials. If you wanted to invest, they'd ask you to come down to office, and only for that time, see whatever you want to see. 

Investors obliged. It was the shining star of Edtech India, nobody wanted to miss out. 

Now those same investors are ousting the founder, fair enough.

But I hope enough people look back and realize they created the problem. They allowed it to exist.

BYJU's: Wasn't it always gonna happen?

Year is ending in another 1 month.
A rough year for many startups winding off
Which startups do you think will wind off in next, 6 months?
Which startup should be saved and get VC fundings for continuing operations as Dhandha mode

As a founder is he doing his job!! A competent founder.

Discover More

Layoffs on

by Kendall Everett

Unacademy

100th Layoff round at Unacademy

Indian Startups on

by Blair Hyrum

Stealth

What do you think will be the consequences if Byju’s collapse?

Indian Startups on

by Coy Taye

Student

Which indian startup do you believe will die soon and why do you believe it

Layoffs on

by Coy Vernon

Amazon

Byjus 6th Round on 4th Dec 🥲

Indian Startups on

by Isaiah Carmden

Walmart

Heartwarming message from ex-Byjus employee to founders.

Indian Startups on

by Blair Taye

Razorpay

Just in : BlackRock cuts Byju’s valuation by 95% to $1 billion 🌀

Misc on

by Kalan Lee

Amazon

Self-pat by an EdTech founder🍿

Misc on

by Aaron Carmden

Stealth

🚨 EdTech scam

News Discussion on

by Kendall Lee

Grapevine

BYJU'S On The Verge Of A Turnaround, Investors Ready To Back The Company: Byju Raveendran

Indian Startups on

by Jordon Vernon

TCS

Byjus debacle $ 22B to $ 1B.

Indian Startups on

by Jordon Carmden

Amazon

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

Indian Startups on

by Jordon Denver

Razorpay

Says a failed arrogant founder himself 😂

News Discussion on

by Aaron Lee

Grapevine

PhysicsWallah's Valuation Skyrockets to $2.8 Billion Amid New Funding

Layoffs on

by Isaiah Denver

Stealth

BYJU'S set to fire another 4,000 employees

Indian Startups on

by Blair Hyrum

Series A Startup

Byju’s manages to raise more capital… yet again 👀

Office Gossip on

by Kendall Olive

DigitalOcean

Why is every single "Founder" here an a*shole?

News Discussion on

by Isaiah Denver

CleverTap

What will happen to BYJUs/Sharechat type companies?

Indian Startups on

by Isaiah Lee

Venture Capital

BYJU's: Wasn't it always gonna happen?

Indian Startups on

by Jordon Lee

Stealth

Belly up startups