Login

Feed Post

Vaibhav Lohani

Stealth • 5h

Byju’s story has come to an end. To be honest, it feels sad to see an Indian-origin startup fail to meet expectations. Byju’s which was valued at 22 Billion Dollars at one point in time is not standing at Zero $. The founder says it's the investor’s fault who backed out in the very instance of a setback. However, is it actually true? If we reflect on their journey it says a lot: 1. Toxic work culture, abusive language, and unachievable targets that forced the employees to pursue malpractices. 2. Students didn’t get what was promised, and false expectation was set. The word spread but negatively. 3. Wasted funds on sponsoring IPL and making Shahrukh Khan the brand ambassador. I know passing judgment from far away is easier said than done, but things could have been better. Let’s see what Raveendran said on insolvency: “I only need to see a 1% chance to make it work. I’m not worried about what order will come. Whatever comes, I’ll find a way out.” Will it revive?

3 replies9 likes
1
Replies (3)

More like this

Recommendations from Medial

Image Description
Image Description

Mahendra Lochhab

Stealth • 4m

'If I was graduating now from India, I might not come to the US', says Adobe CEO Narayen

3 replies10 likes
Anonymous
Image Description
Image Description

Anonymous

Stealth • 6m

Samsung says there is business uncertainty and crisis. Mark my words, the funding winter was nothing. The huge crash will come in a few months.

4 replies12 likes
1
Image Description
Image Description

SamCtrlPlusAltMan

 • 

OpenAI • 4m

Baron Capital, holding 15,334 shares through Baron Emerging Markets Fund and 9,201 shares via Baron Global Advantage Fund, has appraised its investment in BYJU’S at $75,485 and $45,294, respectively. Fun fact it was bought at $500 Million combined.

8 replies14 likes
Image Description
Image Description

Chamarti Sreekar

Stealth • 13d

Zomato Ceo Deepender Goyal has opened up about the lowest moment, his company faced when Swiggy raised $1 billion, and zomato was at $35 million only. He said that it was there we are dead moment in the company.

5 replies7 likes
1
Image Description
Image Description

Shuvodip Ray

 • 

YouTube • 5m

Gemini says it can't access the web. I thought that was part of the big breakthrough! ✨ I thought one of the big breakthroughs with Gemini was that for the first time, a public LLM had access to the real-time internet and was able to integrate with r

See More
3 replies1 like
Anonymous
Image Description
Image Description

Anonymous

 • 

BYJU'S • 7m

Byju’s broke my marriage. I was living with my girlfriend in Bangalore for more than 4 years, turning 30 this year we wanted to get married but her father is so stuck on me being in Byju’s thinking that I am a fraud that he is not clearing us. We rea

See More
22 replies52 likes

Pravesh Mourya

Stealth • 3m

Relevel by unacademy The concept was amazing of getting jobs from exam but what went wrong with them so they started selling courses and started malpractices for that One reason was that they were not getting partnered by companies What are the ot

See More
0 replies2 likes
Image Description
Image Description

Mehul Fanawala

 • 

The Clueless Company • 3m

Dishani said, Starting a business feels like my first bicycle ride. Prisha asked, Exciting? Dishani replied, Also full of bruises and falls, But the freedom it gave, Was worth every scar. Moral Startups come with challenges, but the journey and gr

See More
2 replies4 likes
Image Description
Image Description

Chamarti Sreekar

Stealth • 3d

Speaking to the media for the first time in four years, Byju Raveendran cleared the air around his rumoured move to Dubai, which occurred as trouble began brewing at Byju’s. Read his full statement here:

3 replies3 likes
Anonymous
Image Description

Anonymous

Stealth • 6m

There will come a day when it would be rare to see Niket posting or replying on comments 😂

1 replies6 likes

Download the medial app to read full posts, comements and news.