For people who are new to edtech. The reality is most investors have chosen the winners. It’s BYJUs (due to Aakash) and PW (due to disruption on low end of the market) everyone left has to 1. Merge with competition 2. Make sustainable profits 3. Sell off business to PE, other conglomerates
Ya I agree
Who tf is paying these people
This is DEBT. This is like saying Vijay Mallaya ‘raised’ funds from banks. This level of tech reporting has got us where we are.
The only rationale is Byju’s has scale.
To replicate the same level of scale is more difficult now and would require more capital.
Most likely, that is what investors are betting on.
For details just reply to this email. I will email an excel sheet of all of your failures 😂Lmao, that was🔥
Absolutely crazy stuff. To summarize what I read:
The games that the rich and wealthy play. We're way to far away from it. And we'll probably never get it? Fuck it
