LeapScholar who has raised a lot of funds in last 2 years, wanted to raise new round at 2.5B but the investors rejected the valuation as the revenue numbers are very less (Just 40- 50M).
Funny part is that they told all the employees and everyone that they have already raised this funding, just have to do the Pr for it.
No wonder, entire mid-management team at Leap has left and the upper management people left are so sub-par (look at their CoS(s)). Don’t even get me started on their founder.
The 🍇 we use grapevine for
Hope they have funding runway left, otherwise there will be layoffs there as well
You have to work here to know how the Founder is. Only 2 words - Extremely Toxic.
For direct reportees and for skip level he is the most logical and sweetest so kinda split personality.
3 very important and senior folks have left with the same aftertaste.
Interesting fiction. 😂
I thought the founder was really good. Had an interview couple of years back and got rejected by him, but he gave solid reasons for saying No
Got this information from my friends who are currently working at Leap and some who got affected. Surprisingly this has been kept very silent from everyone.
I have heard rumors that in Leap Scholar, the entire top-of-the-funnel team left because of their Manager.
Is it true?
Silent layoffs. Heard it from friends at Leap. I know a few folks who have been let go as well.
Worst company to join, The founder is a mad man….he treats employees really bad and consistently harasses his reportees.
So many senior folks have left because of him, he is extremely toxic and ensures that you don’t have life outside w...
Worst company to join, The founder is a mad man….he treats employees really bad and consistently harasses his reportees.
So many senior folks have left because of him, he is extremely toxic and ensures that you don’t have life outside w...