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SleepyHamster
Stealth18mo
For people who are new to edtech. The reality is most investors have chosen the winners. It’s BYJUs (due to Aakash) and PW (due to disruption on low end of the market) everyone left has to 1. Merge with competition 2. Make sustainable profits 3. Sell off business to PE, other conglomerates
DerpyBoba
Stealth18mo
Ya I agree
SwirlyPancake
Jio18mo
Who tf is paying these people
BouncyBiscuit
Stealth18mo
This is DEBT. This is like saying Vijay Mallaya ‘raised’ funds from banks. This level of tech reporting has got us where we are.
SquishyQuokka
Gojek18mo
The only rationale is Byju’s has scale.
To replicate the same level of scale is more difficult now and would require more capital.
Most likely, that is what investors are betting on.
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