Magic isn’t it
So now the valuation will dip from 3billion to even lower. But Byju himself has made a lot of money. I read somewhere that > 150M was shifted to foreign countries under the pretext of investments. So he doesn't have to worry. Just needs to stretch this as much as possible
Byjus Financial FY 22 Results will come out next week and internal news is that Byjus have done around USD 1 Billion revenue and same loss .
One more round of layoffs happening soon with so many VPS being shown the door
Name of company Months left according to you Reason
For me:
Byjus 7-8 months max Selling tabs and doing fraud with poor parents In name of edtech doesn't work
If founders care more about customer then they don't have to bow infront of VCs.
Customer Obsession >> Funding Obsession
