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By when will BYJUs shut down?

Lets bet on estimated date?

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potatomato

Fintech Startup

a year ago

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

Fintech Startup

a year ago

*jail
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JewHunter

Jobless

a year ago

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

Stealth

a year ago

Correct answer
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SilentBiopsy

Stealth

a year ago

Tomorrow 3pm
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Killitwithkindess

TCS

a year ago

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

Stealth

a year ago

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

Keka

a year ago

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
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CleverClover

Stealth

a year ago

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.
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Randomnumber

Stealth

a year ago

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
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Gambler1

Crypto

a year ago

Chances are slim too much loss of value for all stakeholders
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Curated from across

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Layoffs on

by Greatusername

Stealth

When is Byju's shutting shop?

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Office Gossip on

by StartupBabaSr

Zomato

Ask me anything about Byjus

Except my name and designation

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Layoffs on

by Bubbles787

Open

Situation with Edtech firms.

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

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News Discussion on

by Whybother

Stealth

Is Byjus shutting down WhiteHatJr?

to cut costs

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Indian Startups on

by UtterBlade55

InMobi

Wtf is happening at Byjus?

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Layoffs on

by StartupBabaSr

Zomato

Byju's about to close $250 million funding

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

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News Discussion on

by randomjocke

Porter

What’s happening with byjus?

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

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Bangalore on

by StartupBaba

Stealth

Byjus may shut down

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.

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Indian Startups on

by DingDong

Razorpay

Byju's & Insolvency ❌

So after dodging many bullets Byju's finally goes to Insolvency Trial. Does anyone have any news of what's happening inside the company?

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