Never. Too big to fail. Would probably get acquired by someone.

Investor

Founder

Hope it falls so hard, Mr byjoos has to go back to teaching

Software Engineer

I don’t know. Maybe in 2nd quarter of 2024. 
 It’ll be very sad to see almost 35k people lose their job

Growth Manager

imo :  
 1. Won't shut down 
 2. Founders will exit  
 3. Just like bharatpe, they'll have a whole new management

Product Manager

Can someone put together a betting board? Tech noob here - but will def love to bet some money on each of the following outcomes: 
 - founders getting ousted 
 - getting acquired 
 - bankrupt and sold for parts

Business Operations

Chances are slim too much loss of value for all stakeholders

Won’t shut. Founder won’t leave. But there will be a massive down round. And professional ceo would be hired. Investors won’t let it go down.

Chief Business Officer

It’s still a huge business with strong cash flows. And a lot of big investors are heavily invested. Here is what I think will happen-      
 1. There will be more drastic cost cutting measures, focus will move from growth to unit economics and profitability.     
 2. Founders will be forced out, maybe forced to part with equity through secondary sale as well. New experienced management and board would be set up.      
 3. There will a down round around 7-8 Bn, giving the company a much longer runway.     
 4. Expecting IPO in next 3-5 years

Welcome to Indian Startups's Private Community

By when will BYJUs shut down?

Program Manager

By when will BYJUs shut down?- Grapevine

When is Byju's shutting shop?

Welcome to Office Gossip's Private Community

Ask me anything about Byjus

Engineering Manager

Any Goss on the financial health of Edtech firms like LEAD, Unacademy?
I hear there's one more round of layoffs coming.

Situation with Edtech firms.

Project Manager

Welcome to News Discussion's Private Community

Is Byjus shutting down WhiteHatJr?

Journalist

Wtf is happening at Byjus?

Analyst

Just heard that Byjus is about to close $250 million funding. Can someone confirm if this is true?

Byju's about to close $250 million funding

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

What’s happening with byjus?

Software Developer

First, they had a layoff.
Lot of good people quit including great people
Then, they had a second lay off 
Some  great people in the leadership quit.
Middle management people are quitting every day.
Only engineers and other people who are not able to get jobs are remaining 
They shut down majority of US acquisitions
They are trying to sell some of them like Tynkr and Epic
Not able to raise funding till now even though trying since December 
Sales is down 90% 
New Inside Sales process is not working 
They are out of runway.

Byjus may shut down

So after dodging many bullets Byju's finally goes to Insolvency Trial. 

Does anyone have any news of what's happening inside the company?

Byju's & Insolvency ❌

Link to article - https://techcrunch.com/2024/01/11/blackrock-cuts-byjus-valuation-by-95-to-1-billion/

What guarantee that Byju’s survives end of the year?

Product Designer

Tentatively JAN third week. ( no runway left for Feb) - Employees could be paid in Esop’s valued at 2.7B $ as per internal disscussions.

CLE, Content, Tech and product teams are going to be sliced. All products are going to KTLO. This is the final round - post this the company Survives and sticks to K12 until 2026 OR it files for bankruptcy.☹️

Guys this is my last post about Byjus. All the best Soldiers ! 👋

Yet Another layoff round at Byjus - Round 7 🥲

Just last week he was giving gyan on why BYJUs failed. Welcome BYJUs 2.0..

Another one bites the dust...

Sales

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🔥

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

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

Earlier used to see a lot of stuff Byju's on GV. Seems like either everyone has left, or they've asked employees to not say anything

Any Byju's employees still around? What's happening there?

https://www.ndtv.com/business-news/byjus-faces-total-shutdown-if-insolvency-proceeds-says-ceo-byju-raveendran-6141875

Byju’s on the verge of shutdown

Chartered Accountant

https://thearcweb.com/article/byju-raveendran-1-billion-agm-8SWZHKi0REGjA6g4

Byju’s has faced consolidated losses of nearly Rs 8,300 crore ($1 billion) in FY22... Reminds me of "जितने का बबुआ नहीं उतने का झुनझुना"

I put this post 1 year back that Byjus may shut down and funny to see the comments of people now , 🤣🤣🤣

Checkout this post on Grapevine - https://share.gvine.app/Adbx5VpHdqDZLR7b7

Byjus may shut down

19+ comments on Grapevine


Here is the list of other companies that may shut down

Unacademy
Vedantu
Jupiter
Fi
Slice

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