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/
RealOldmonk
Stealth
8 months ago
@Hydb :-)
admiN
Stealth
8 months ago
That billion dollar valuation. It is still a lot of money to survive years.
RealOldmonk
Stealth
8 months ago
@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
admiN
Stealth
8 months ago
Companies can survive in 10000 Rs. It is just a matter of perspective.
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Qwerty2398
Stealth
8 months ago
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.
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Just in : BlackRock cuts Byju’s valuation by 95% to $1 billion 🌀
Sad state of Indian Edtech. Next would be Unacademy.
BlackRock has yet again cut the value of its holding in Byju's, slashing the implied valuation of the Indian startup to $1 billion from $22 ...
https://techcrunch.com/2024/01/11/blackrock-cuts-byjus-valuation-by-95-to-1-billion/
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Heartwarming message from ex-Byjus employee to founders.
Please run
Feedback letter from employee to Founders, CEO & CTO
https://i.ibb.co/ZLp46Kx/Screenshot-20230623-133028-Gmail.jpg