Stealth • 3m
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
And, simple thing, 1. they already know the truth, will accept it soon. 2. And I don't think so that they are increasing the burden on employees or the burden it too high. It's just 3-4 cases. And I am definitely sure that they already have worked on it because in last few days we haven't heard such things, and if this is the case with all the employees then people who are working there must have left the organization already. 3. Their education is already Ata good level, it's just that they are not pricing it well. And as I mentioned in previous comment they should focus on microlearning. But they can do it with time, it's not the need of the time. 4. And last but most important, if they do so they will definitely go bankrupt. See the byju's stakes are not like other normal companies -I hope you are listing to the news now a days- and since their business have multiple stake holders. So if they sell any of their assets, stakeholder will step back and exit. Eventually it'll go bnkrpt
Forget all things you mentioned, they were in news that is you you are mentioning those. But the core problem with byju's is customer retention. They must Focus on Retention over Acquisition. If they improve this thing their business will boom again. And they should Look beyond traditional K-12 subjects and offer vocational training, professional development courses, or cater to specific needs like English language proficiency testing. And if they implement a micro-learning in their business then it can definatly be a entry barrier for others and they will definitely survive
Great insights, thanks.
And violation of AS 9
Everyone condescends someone who is going down or is already down. Why are these opinions only coming after the fall of byjus and not when it was rising?
Their acquisition decisions went wrong, execution went wrong, valuation bubble busted, strategies went wrong, finance went wrong, culture is pathetic, filed bankruptcy, loss on loss every year, Now what left?
They are burning money , I don't get it .. Promotion/ sponsership for player , i just simply don't get it
Hey , how you forget they are sponsoring fifa , sharukh Khan , team India , and giving free tabs , courses on emi. They are putting useless money .
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