Bluelearn is shutting down
BITS Pilani graduates-founded BlueLearn is shutting down after raising $4 million in funding from investors, including 100X, Titan, Elevatio...
https://indianstartupnews.com/news/bits-pilani-graduates-founded-bluelearn-shut-down-after-raising-usd-4-million-6502839
Haha. Anything Bits pilani kids do is just show off big time. U put ur money in its mostly gone. That old bits is no longer present, i only see totally useless and fake product managers from BITS Pilani.
Kendall Carmden
Stealth
3 months ago
They are not BITS Pilani. They are BITS (Pilani) Goa. Although your generalization is stupid, but still it's important to point out the difference
Karilyn Gabriel
Student
3 months ago
Even shittier then
So retaining 30% i.e. $1.2M i.e. close to Rs.10 Crore received from investors. Is it not cheating?
Kalan Hyrum
Stealth
3 months ago
That's not cheating in morden days but my mom dad generation call it as fraud
how is that cheating?
That was money they received from investors to build a startup.
95% of funded startups fail, investors know it when investing
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Unfortunate. It's super difficult to build a consumer app.
Heard great things about the team and hope they get new opportunities soon
Blair Carmden
Stealth
3 months ago
I never understood their business model in the first place. If you have followed them, can you make me understand what really worked for them that convinced really reputed investors to give them money
Kendall Gabriel
Stealth
3 months ago
THERE IS NO CORE BUSINESS MODEL! A business needs to bring in cash consistently to stay afloat let alone be profitable.
Jordon Vernon
Stealth
3 months ago
Ed tech is super super hard
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