Keen Learner and Exp... • 1y
Byju's is making loss after loss every year despite the fact that its valuation was once$22 billion in 2022 and now Byju's made a valuation ask of $200 million, a very sharp fall you can see. So when I researched about it i found out the following reasons 1. They started buying up their competition at a high valuation than they actually worth. 2. They ignored their core feature "Education" and insted focused on selling their product forcefully. 3. They only followed the trend when children wanted to learn coding they acquired "whitehat jr" when they wanted to study offline they aquired "Akash". 4. They forced their sales team to achieve impossible goals for instance - ₹1.5lakh sale per employee. There were many reasons for their downfall let me know if i missed any. So what are the solution for their problem 1. Accept truth 2. Reduce burden from their employees 3. Focus on education 4. Sell their aquisition which is making loss from very long let me know what you all think Thank You
Hey I am on Medial • 1y
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