Haha. Anything Bits pilani kids do is just show off big time. U put ur money in its mostly gone. That old bits is no longer present, i only see totally useless and fake product managers from BITS Pilani.
They are not BITS Pilani. They are BITS (Pilani) Goa. Although your generalization is stupid, but still it's important to point out the difference
Even shittier then
So retaining 30% i.e. $1.2M i.e. close to Rs.10 Crore received from investors. Is it not cheating?
That's not cheating in morden days but my mom dad generation call it as fraud
@Kumudha how is that cheating? That was money they received from investors to build a startup. 95% of funded startups fail, investors know it when investing
Unfortunate. It's super difficult to build a consumer app. Heard great things about the team and hope they get new opportunities soon
I never understood their business model in the first place. If you have followed them, can you make me understand what really worked for them that convinced really reputed investors to give them money
THERE IS NO CORE BUSINESS MODEL! A business needs to bring in cash consistently to stay afloat let alone be profitable.
Ed tech is super super hard
They raised a Million Dollars I suppose . I liked the platform at the start , there were enough people looking for internship there but the problem I suppose is too many internship platforms doesn’t work . Also there is no brand loyalty ...
The CEO announced another round of layoffs today. Exact count not known yet, but the company is keen to cut down employee cost in line with flat revenues and increase leverage.
Expecting low impact on the India team, but let's see.
Just last week he was giving gyan on why BYJUs failed. Welcome BYJUs 2.0..
