DizzyMarshmallow

Zomato

Ask me anything about Byjus

Except my name and designation

22mo ago

Talking product sense with Ridhi

9 min AI interview5 questions

ZippyDumpling

LivSpace22mo

Can you share the broad thing you do there? (Product/Sales/Growth) How is the culture at Byjus now? What makes you stay there?

DizzyMarshmallow

Zomato22mo

I'm into Tech and we are solving some good engineering problems that's the sole reason for me to stay here.

PerkyBurrito

Sanofi22mo

What problems are you solving?

SleepyPotato

Stealth22mo

What’s the renewal rate of someone buying a 1 year program?

DizzyMarshmallow

Zomato22mo

Currently it's very less, it's close to 12-13%

PrancingCupcake

PayTM22mo

This shows a really poor product market fit. How come company has decided to scale so much without a PMF? Also, what are the top reasons for non-renewal? Is the product not adding value?

MagicalHamster

Stealth22mo

Are the messed up sales practices (selling EMI based courses without knowledge of parents etc.) a structural problem at Byjus or is it more one-off?

DizzyMarshmallow

Zomato22mo

It's not a structural program at Byjus but it is messed up by the sales team to meet their targets and they find it easy to convince poor parents from tier-2, tier-3 cities.

GigglyHamster

Stealth22mo

I guess this is a practice (selling EMI based course on loan under your name) across most of the edtech startups

SnoozyWaffle

Stealth22mo

when is byjus going to throw it's towel and shut?

DizzyMarshmallow

Zomato22mo

Sorry for your disappointment, that's not going to happen anytime soon.

SleepyMochi

Stealth22mo

I can see that happening in the foreseeable future. A company built on the very foundation of lies, fraud and thuggery cannot survive for long.

PeppyUnicorn

Stealth22mo

Is the SPAC led IPO happening anytime soon?

DizzyMarshmallow

Zomato22mo

No updates yet

FuzzyWalrus

Tower Research22mo

SPAC was a zero interest rate phenomenon. It is dead now.

QuirkyHamster

Stealth22mo

Dont have anything against you, but i hope byjus sales and founders are put behind bars once the ship sinks, absolute fucking cheats. Education will become open source and not privatized, startups like udemy will succeed and as the Fed starts increasing the interest more and more funding will dry and hopefully byjus dies.

DizzyMarshmallow

Zomato22mo

You are hoping this for Byju's founders or 25000 employees?

DizzyMarshmallow

Zomato22mo

And tell me why you have so much frustration for Byjus? Interview m reject hue ya ex-employee ho jisko promotion ya appraisal nhi mila?

MagicalDumpling

Myntra22mo

Whats the impact of all the recent layoffs and turmoil on employee mental health?

The employees who are sticking around, whats the incentive?

DizzyMarshmallow

Zomato22mo

Overall depends on which team you are in.

No incentive apart from annual compensation and a bunch of great minds

FluffyTaco

Stealth22mo

Is Byjus Osmo profitable? How much does an MBA from IIM working in strategy for Osmo earn? Assume MBA + 3 years

DizzyMarshmallow

Zomato22mo

Yes it's marginally profitable.
Typically around 40 LPA but depends on person as well.

ZestyPretzel

Stealth22mo

What are the real reasons for all the issues at the company? I read your comments and I know you are doing good work in the tech team, but in the overall organisation, why do we hear it mostly in bad news? Also, how are their finances lately, they have not filed regulatory filings yet, so would you know something about that? And what's up with whitehat jr? I spoke to some people who said it's a sinking ship, was doing well before the founder exited, but now it's directionless and mismanaged

DizzyMarshmallow

Zomato22mo

The primary reason for the issues is the numerous acquisitions made without adequate planning.

I suppose negative news tends to spread quickly.

Regarding filing, they are planning to submit the filing sometime between July and August.

Whitehat has been performing poorly and is currently burning significant cash. However, the company is planning to launch this in the US and Middle East markets.