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

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

11mo ago

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TwirlyWalrus

Walmart11mo

That billion dollar valuation. It is still a lot of money to survive years.

SnoozyPotato

Stealth11mo

@PerfectCocoa https://www.moneycontrol.com/news/technology/byjus-cutbacks-employees-struggle-with-deteriorating-workplace-amid-massive-cash-crunch-12014291.html/amp

If they had money this would not be happening

TwirlyWalrus

Walmart11mo

Companies can survive in 10000 Rs. It is just a matter of perspective.

GoofyDonut

Stealth11mo

Still overvalued by about $1000M

ZippyTaco

Google11mo

I hope you understand valuation doesn’t equate to cash-flow.

SnoozyPotato

Stealth11mo

@Hydb :-)

CosmicLlama

Stealth11mo

Death of companies are always sudden. Slow decay is seen before in the form of employee upheaval.
Byjus has now survived for almost 2 yrs.

With deep sadness i have come to accept that byjus is here to stay. It is just a matter of time before they find a bigger fool willing to invest. Or maybe the promoter himself will invest some of profits earned before.

FuzzyPickle

Amazon11mo

Correct Rivu

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