Byjus won't collapse. Its a great business model generating a lot of cash that has outclassed the skills of founders. They will fire more people , become lean and will be taken over by investors or Private Equity Players who will run it the way a business's should be run to generate profit
This guy PEs
Kuch nahi hoga.. kuch din media hype hoga, log random gyaan denge LinkedIn, Twitter par. Fir weekend aaega, daaru piyenge and bhool jayenge.
I believe it'll be a bitter sweet thing for the folks working at BYJU's. They'll be happy about being freed from the clutches of tyranny, and sad about not having a paycheck. Hope they find a better org.
Ed tech as a sector will be frowned upon even more and it'll be very difficult for ed tech companies to hire talent
All around happiness. Shit needs to be flushed.
So after dodging many bullets Byju's finally goes to Insolvency Trial.
Does anyone have any news of what's happening inside the company?
