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.