Just In: Byju Raveendran breaks down in tears as crises engulfed Byju’s
Like Adele sang in Skyfall, “This is the end, hold your breath and count to ten”
With a planned $1 billion equity fundraise from Middle Eastern investors still in limbo, Raveendran broke down in tears defending his compan...
https://www.moneycontrol.com/news/business/star-founder-broke-down-in-tears-as-crises-engulfed-byjus-11028771.html
ObtuseCutie
Stealth
a year ago
Lot of talk on social that these articles are PR stunts to try and repair reputation damange.....what do you think @salt ?
I Have to concur with you at some level. This is not exactly news tbh. Seems like a carefully seeded story.
ObtuseCutie
Stealth
a year ago
This and all the other stories of how he used to travel far distances to teach students etc.....seems wayyy too carefully curated. Quite a barrage out here from their PR team.
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I hope he should had breakdown when parent had tears while getting refund from Byjus.
JamieTarttDoDoDo
Stealth
a year ago
Just like the parents of the poor kids then ...
Karma says hi
He is crying because he may get implicated in some fraud. A few weeks ago a TN politician was crying and faking a heart attack when being arrested before the media.
He would have enough money set aside and is an intelligent business man. He won't cry if businesses are failing.
@meets_expectations perhaps it’s more about legacy and how he might be remembered
I don't think so. He would have cried long before then. Byju himself is earning notoriety by not filing statements on time - could have declared losses , legacy would have been intact. He has has his head stuck in something very very illegal.
Corporatesucks
Stealth
a year ago
It's not possible that all the jugglery thier sales team did and played fast and loose with parents emotions & money, this guy was not aware of what was happening.
He may have donned multiple hats in recent times, however, a teacher is not one of them. He certainly doesn't have students' best interests at heart.
RightPatch
Stealth
a year ago
Two large VCs came out with negative remarks, remembering the high drama days of the Housing.com founder Rahul.
Tbh, sitting on the sidelines we were all expecting it to go down. Next will be the likes of blinkit and other delivery apps.
I don’t hope for things to go down for anyone but people have had terrible experiences with them.
RightPatch
Stealth
a year ago
Aware of the poonia issue. Not hoping, expecting due to bad governance. No company can meteorically rise like that without constant money flowing in. They acquired a bunch of firms and now have the sticky factor, they are no longer a buy a tablet with tutorials.
In all likelihood, they will get more money pumped in and there will be a leadership change or scavengers will come and pick it apart for their other divisions.
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Qwerty2398
Stealth
a year ago
Oh.. yeah.. founder cried PR... this nonsense still works?.. next would be articles about how he spent late hours teaching poor kids.. feeding the homeless.. lol.. why is this company still open?
Qwerty2398
Stealth
a year ago
I pray no buyout happens..
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JakerPiannomer
Stealth
a year ago
Uplifting news
