Founder-Hexpertify.c...ย โขย 1y
โBest Startup To biggest Failureโ Billions to Bankruptcy #8 Byjus was founded by Byju Raveendran in 2011 they gained popularity due to engaging video lessons which made complex subjects easier to understand.Byjus acquired many high profile brands like TutorVista, Edurite,WhiteHat Jr,Aakash to enhance its offerings. Covid-19 accelerated the adoption of online education, leading to a surge in demand in Byju's products.Byju's emerged as the market leader and was valued over $16 billion making it one of the world's most valuable edtech firms. Byjus aggressive expansion and acquisitions led to significant financial strain they faced cashflow issues due to high burn rate led to mounting debts.Rising complaints due to their sales tactics damaged reputation.The shift back to classroom learning post-pandemic reduced the demand for Byjus Byju's laid off many of their employees and facing multiple legal battles with lenders who initiated bankruptcy proceedings against its US assets.
Founder-Hexpertify.c...ย โขย 1y
"Apple was 90 Days away from Bankruptcy" Bankruptcy to Billions #5 Steve Jobs Returns To Save Apple Steve Jobs was fired from Apple in 1985 due to a power struggle with CEO John Sculley.The board of directors sided with Sculley,Fired Jobs of his ma
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Well, this 18-year-old guy went to Shark Tank to raise funds for his EdTech startup. His startup, OLL, had achieved an annual run rate of about โน3.36 crore and has also made โน28 lakhs in real PROFITS! Vineeta asked him what he would do if he receiv
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IIITKottayamย โขย 6m
From a $750M valuation to unpaid salaries and bankruptcyโwhat went wrong with #Dunzo? Dunzoโs story is a cautionary tale for startups chasing growth at all costs. Once a pioneer in hyperlocal delivery, it lost its way due to aggressive expansion,
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