Leap Scholar failing to become an unicorn
LeapScholar who has raised a lot of funds in last 2 years, wanted to raise new round at 2.5B but the investors rejected the valuation as the revenue numbers are very less (Just 40- 50M). Funny part is that they told all the employees and everyone that they have already raised this funding, just have to do the Pr for it. No wonder, entire mid-management team at Leap has left and the upper management people left are so sub-par (look at their CoS(s)). Don’t even get me started on their founder.
MightyLazyGeekStar
Stealth
3 months ago
The 🍇 we use grapevine for
DaringTrain
Stealth
3 months ago
Hope they have funding runway left, otherwise there will be layoffs there as well
I thought the founder was really good. Had an interview couple of years back and got rejected by him, but he gave solid reasons for saying No
PlainWheel72
Stealth
3 months ago
Interesting fiction. 😂
You have to work here to know how the Founder is. Only 2 words - Extremely Toxic.
For direct reportees and for skip level he is the most logical and sweetest so kinda split personality.
3 very important and senior folks have left with the same aftertaste.
I thought they were doing well with the kind of reach and outcomes they had globally. What went wrong?
Qwerty2398
Stealth
3 months ago
Edtech is nothing more than online tution center. The slower these companies die the better chance for the sector to die.
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