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Anonymous

Hey I am on Medial • 1y

So Byju’s lost Rs 13000 Crores in the last 6 years and Rs. 8000 Cr from that was in ADS! How did their investstors allow this?

https://medial.app/news/byjus-fy16-fy22-incurred-total-losses-of-inr-13000-cr-splurged-inr-8000-cr-on-ads-00f9a9a4429ec

10 Replies

Replies (10)

Anonymous 1

Hey I am on Medial • 1y

I don't believe in ancient legends. But Wolf Gupta name came to Byjus like Panauti. Strike rate better than Barkha Dutta

1 Reply

Anonymous 11

Hey I am on Medial • 1y

Byju to investor- Ek scheme haath lagi hai, 21 din me paisa khatam xD Baap of iski topi uske sar.

Anonymous 10
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Tata Consultancy Services • 1y

Hiring Ronaldo would've burned more.

Anonymous 9
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Flipkart • 1y

At this rate, MLM Ponzi schemes are better than Byju's courses.

Anonymous 8

Hey I am on Medial • 1y

Time to acquire another profitable startup and raise more money again.

Anonymous 7
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Ola • 1y

Because the investors wanted Byju to pump user and customer numbers so that they can raise the next round and give them an exit.

Anonymous 6
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Google • 1y

Kyu kar raha hai bhai ye sab post. If the startups stop spending on ads how will big-tech like ours surivive?

Anonymous 5

Hey I am on Medial • 1y

I have heard Byju was a strong persona in the board room and the board never really went against him. He somehow convinced everyone that he knows everything better than what logic would indicate.

Anonymous 4
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PocketFM • 1y

User acquisition spree. Bull market. Everyone wanted growth at any cost.

Anonymous 3

Hey I am on Medial • 1y

They were sold the growth story.

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Raised $250 million which is Rs. 2000 Crore for this AI pin and now after it flopped they want to sell it at $800 Mil - $1B (approx rs 8000 cr). Delusional founders. I feel sad for their investors. An influencer can really screw you up.

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