Back
Piyu
....... • 2m
Byju’s was India’s most valuable edtech giant — now it’s valued at ZERO. How did it fall from a $22B star to a cautionary tale?" Byju’s rapid rise was fueled by aggressive expansion, celebrity endorsements, and massive investments. But cracks began to show as they piled on acquisitions, some of which failed miserably as they failed to translate into profitability. The downfall began with reckless spending on marketing and an overambitious growth strategy. Key investors resigned, and Byju’s couldn’t even raise funds. Legal battles, missed payments, and dubious accounting made things worse leading to plummeting valuation. A brutal lesson for any founder: sustainable & ethical growth > fast success. Will Byju’s rise again or is this the end? Drop your thoughts below.
Replies (2)
More like this
Recommendations from Medial
Chintan Udani
I'm a pro medialist • 1y
Case study of Juul : A disruptive yet failed product Juul was a vaping device initially launched for older people who wanted to get away from smoking cigarettes! Juul, introduced in 2015, promised a safer alternative to smoking with its sleek desi
See More
Tarun Suthar
•
The Institute of Chartered Accountants of India • 2m
Microsoft-backed Builder.ai files for bankruptcy 📉 Another AI unicorn has fallen. this time, it’s Builder.ai. Once hailed as a game-changer with $450M+ in funding from giants like Microsoft and Qatar’s sovereign wealth fund, Builder.ai promised a
See More
Medial Startup Trivia
Trivias Around start... • 1y
Quibi's Rise and Fall: A Cautionary Tale of Startup Ambition In the fast-paced world of tech startups, few stories are as emblematic of ambition and subsequent disappointment as that of Quibi. Founded in 2018 by industry veterans Jeffrey Katzenberg
See More
Chintan Udani
I'm a pro medialist • 4m
The Shutdown of Bowery Farming: A Case Study in What Went Wrong Bowery Farming, once a celebrated innovator in the vertical farming industry, has ceased operations as of late 2024, marking the end of a journey that began with high promise and a valu
See More
Medial Startup Trivia
Trivias Around start... • 7m
The Rise and Fall of Vevo: How Music's Corporate Giants Tried to Conquer the Internet In the late 2000s, the music industry was bleeding. Napster and LimeWire had decimated traditional revenue streams, and record labels watched helplessly as illegal
See More
Download the medial app to read full posts, comements and news.