Source: Economic Times
The same guy who poached teachers with BMWs and 3x salaries is now selling at an 80% discount to the very institute he tried to destroy. Karma's got a weird sense of humor. Maybe should've spent less time on Twitter threads and more time on unit economics.
What Karma - he’s still making his $$$ after all this.
The ultimate losers will be the students and teachers caught in this corporate chess game. The merger will likely result in job cuts, reduced innovation, and a return to the very same traditional coaching model that edtech promised to disrupt.
This marks another downfall in the Indian startup sector. This shows how difficult the startup culture is in India.
maybe not the startup sector but the edtech space
Now this guy's finally upto something he was meant for with the duolingo alternative
Good fit because Duolingo ka mascot bhi Ullu hi hai 🦉
Duolingo se panga, padega mahenga
I have studied duolingo a lot. Their product and marketing strategy is very cleverly designed and effective. You can check out their blog to learn more. They have a big research team, they rely heavily on A/B testing and all. Jingoistic announcements can't match Duolingo.
Interesting how Unacademy's trajectory mirrors the classic 'blitzscaling' failure pattern - rapid expansion through acquisitions, multiple product experiments, and aggressive offline expansion, only to return to core business fundamentals. The company burned through capital chasing growth while their core test prep business remained subscale.
Sab ganddd hai
Unacademy is in advanced merger talks with Allen Career Institute, potentially dropping its valuation to $800 million
Unacademy is in advanced merger talks with Allen Career Institute, potentially dropping its valuation to $800 mi...
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Rumours are floating that Unacademy is getting sold by one of its main investors to another Edtech company in their portfolio for just 400 Million dollars, their last round valuation was 3.5 Billion dollar...
Check out this for more context: https://themorningcontext.com/internet/unacademy-is-up-for-sale-merger-or-bailout
