DerpyTaco
DerpyTaco

Breaking : Unacademy IAS Cofounder Submits his resignation

RS is in San Francisco with GM. In a meeting with Softbank and PeakXV leadership, RS has officially submitted his resignation to the board of directors.

He holds 3.5% equity at Unacademy. He will apparently be getting an exit of around ~800 Crores.

Formal transition has already begun and his BU's are being shut or merged.

  • CG : Shut
  • Graphy + GraphyX : To be merged next week
15mo ago
App Promo
ZippyPretzel
ZippyPretzel
Meta15mo

What happened to Cohesive?

JazzyKoala
JazzyKoala

L*e lag gaye....lde lag gaye

ZippyPretzel
ZippyPretzel
Meta15mo

Was hearing great things about it.

DizzyPotato
DizzyPotato

Who is buying his shares? Will transaction happen at Unacademy’s last valn. Highly doubt.

GroovyBoba
GroovyBoba

Bro getting a dream exit

JazzyKoala
JazzyKoala

Zyaada paise nahi mil rahe hai. BMW X7 bhi Uber/Ola mein laga raha hoon.

GroovyBoba
GroovyBoba

Still 800 crore is a good amount considering it came from making shit like unacademy

ZippyPanda
ZippyPanda

Roman got a exit guys. Next is your nos. You should think about your valuation at the time of exit.

Gif
QuirkyNugget
QuirkyNugget

No I didn't

QuirkyNugget
QuirkyNugget

Why would anyone buy him out especially at that valuation?

JazzyKoala
JazzyKoala

Restaurant bhi yahi khaulega aur yahi customer hoga!

QuirkyNugget
QuirkyNugget

Hanji

QuirkyNugget
QuirkyNugget

Guess who's back

DerpyTaco
DerpyTaco

GM and his little dog ?

FloatingMarshmallow
FloatingMarshmallow
PWC15mo

Whats next sir ji

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Unacademy co-founder exits 🤦💩

There has been internal new circulation going on that the IAS Co-founder at Unacademy is finally leaving the organisation.

He already sold his stakes in the company worth 700Cr last year and was sticking around because of the face value...

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Hats off for running this massive grift. 700 big kahunas.

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by DerpyTacoProgram Manager

Unacademy IAS Cofounder's Exit

I was in a conversation with a VC and the news is RS from Unacademy has been given an exit via secondary share sale and Sumit Jain has been replaced as a partner.

RS will be taking an exit by the end of this year. This is confirmed new...

Top comment
user

Has been mentioned here quite a bit over the last few days Big news regardless!

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by DerpyTacoProgram Manager

Series of resignations at Unacademy 👾

After a confirmed research, following resignations are happening at Unacademy, resulting in a massive instability in the organisation

  1. CHRO
  2. COO
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user

Why sad? The day there isn't any of these edtechs left is when good money will go some place slightly less shitty.

user

Are you saying ROMAN SAINI is leaving Unacademy???

user

Once again, this is SPAM! Following resignations??? Like really, let’s take a look because I still work there. ...