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Sanskar

Keen Learner & Explo... • 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

13 replies15 likes
Replies (13)

Wahid Shaikh

Hey I am on Medial • 12m

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

0 replies1 like

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