Leap Scholar failing to become an unicorn
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
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
I thought they were doing well with the kind of reach and outcomes they had globally. What went wrong?
CoS be like:
Tell me about the founders
Edtech is nothing more than online tution center. The slower these companies die the better chance for the sector to die.
It's an EdTech, this is its canon event. Kindly do not interfere