PerkyBagel
PerkyBagel

Unacademy IAS founder is not selling stake

There were lots of rumors going that unacademy IAS founder is selling stake. He is not selling his stake. I confirmed it. cc: RS, GM, HS

14mo ago
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DerpyTaco
DerpyTaco

@anonymous127 : I work closely with a VC firm. This news is confirmed by folks from sequoia & westbridge capital.

He has already sold his stakes and has been asked to leave. December 31st is his last working day.

All his businesses have been taken away from him.

CG : Shut GraphyX : merger on the way.

CC : Sequoia, Sofbank, Westbridge

PerkyBagel
PerkyBagel

If you want to prove your word right. Just say i work in a VC firm😂😂

DizzyMochi
DizzyMochi

Any future news regarding the core business and decisions to be made?

ZippyPretzel
ZippyPretzel
Meta14mo

I heard tech founder is not coming to office. Did he leave?

DerpyTaco
DerpyTaco

Yes. He's sold his car also.

ZippyPretzel
ZippyPretzel
Meta14mo

What happened?

ZippyPretzel
ZippyPretzel
Meta14mo

What does this mean?

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Unacademy co-founder exits 🤦💩

There has been internal new circulation going on that the IAS Co-founder at Unacademy is finally leaving the organisation.

He already sold his stakes in the company worth 700Cr last year and was sticking around because of the face value...