A few more days and any of us might buy it off by breaking one FD.
Time to bury the dead.
Who is the genius who invested ?
Byju has fallen because of shady model. A lot of poor people were given course under shady T&C loan. Along with poor practices in hiring teachers, employee issues with work pressure, salary issues. Financial Audit issues and other issues. Along with that filing cases against critics, harassing them, removing all dissent.
They had huge army to report any critic, ban their accounts and what not. Even after all this was public, VC kept investing.
Byju deserved this valuation. It got what it deserved.
If founders care more about customer then they don't have to bow infront of VCs.
Customer Obsession >> Funding Obsession
