Learning and education is their product.. I. Don't understand these question to be asked for all private schools/ private engineering colleges etc .. They are funded by politicians.. Education was always a big money generator.. They are just one of them in digital spaces..
If you can sign up Messi for millions but refuses to pay PF contributions of employees says a lot...Mr. Trust is something which never heals if its broken once.
Pure desparation and panic in Byju's body language. Naming a company in line with the founder's surname is probably the worst idea as it only signals dominance and control. Byju's could have been such a game changer and a flag bearer for the entire Indian startup ecosystem. But it's almost a lost cause now, a victim of insatiable greed and ambition.
Byju's hires and removes people that it onboard on a contractual basis depending on the demand for its business. Though, it is being said that the company is now witnessing low growth and experiencing financial issues due to which it is eliminating employees.09-Jun-2023
I don't know what weed was byju ravindran smoking during the pandemic. He should have anticipated that post lockdown when schools reopened his business model was going to succumb. He should have gone for a survival strategy and looked to monetise his products rather than doing aggressive aquisitions.
Banks and NBFCs stopped Funding your customers because 1. Many of them were not able to repay. You just pushed 30k tablet into their throat. 2. Many of them were not able to cancel the order at your end and stopped repaying the loans (but they didn't understood consequences of credit derating for them). Overall you didn't create even a minute impact on education. It is just burning money. Nothing more.
Mr.Raveendran said "Byju's is going down, no chance, no chance..companies fail not because of external reason, companies fail because of internal reasons." Exactly after a week.. they fired almost 60% of their work force..! Now read my comment again..🤣
First hand experience with byjus, once you pay the money you cannot get the refund if you want it back, even if you call them within the refund period. No way possible, they'll say the accounts team will call in 24hrs but they won't, and you call them the next day the same thing the same dialogue repeats.
I really wish more people saw this video...not because of the way Byju or his wife was beating around the bush with every question they were asked, but the way the anchor addressed the whole matter...She was very transparent, polite n very honest in her questions...she was asking what we all had in our minds without any sugar coating in the most polite elegant way possible....straight forward questions with 'no clue what's going on' replies from both of them....when ur not going to give straight forward answers to the most simplest of questions, then there's definitely something wrong n fishy n it's a definite road to failure...
From Byju's Insider, Fresh batch of firing starts. This is the 2nd batch of firing in last 3 months in Tech and look how shamlessly he talks. Listen Mr.Byju, Byju's will go down and its inevitable.
It clearly shows how frustrated he is looking defending his company. Feel sorry for him, but at the same time the company deserves the downfall because of their unfair practices to sell the courses.
The way Byjus treated it's employees is another story, even the teachers were made salesperson. This company was toxic as he'll! Why this topic isn't discussed?
The employees were equally toxic - how else could they sell these expensive tablets to poor people who have no requirements for it or means- if I am an employer I would never hire anyone who worked at byjus more than a few months as they are also frauds .
The irony is as soon as this video got published, an another deadly round of firing happened. Byjus has fired more than 15K employees & In not including the ones who left the organization due to their terrible work culture, pressure & cold firing techniques.
I have 2 questions: 1) do you provide education for those who can't pay the fees 2) if some students don't like studies, do you educate them on the field of their niche, like music, sports, cooking etc. If you don't do anything like above, then you are just making a business and not doing any good for the nation, as everybody can't be good in studies, study is just like an other curriculum activities
Biggest problem was unnecessary scaling that byjus did. Unnecessary investments led to unnecessary growth which led to unecessary pressure from investors which led to unecesaary hiring, unnecessary targets and absolut unecessary and unethical strategies which Sales people used to sell a product. All this ultimately led to bad reviews from customers and that is the reason byjus is where it is now. If they tried to be sustainable with a small workforce realistic targets the company could've gone a long way. The content of byjus, they way they teach has always been top notch. It literally could've been revolutionary in terms of learning but then greed happened.
Can’t believe she is bringing in women empowerment in to all these things. It’s because of people like her , people are stopping to respect women empowerment and it’s just an optics game by these corporates . Seriously these people should be accountable for their scams
Compared to other coaching classes, byjus does not provide good classes, So far we have not received any personalized coaching despite being a subscriber of aakash and byjus premium for the last 4 years. Worried about the poor standard of coaching that as a parent I am providing to my child. During this final moments of preparation ......and not able to talk to a responsible person of their company....only a mentor call from the call centre.
Both are more teachers than business people. They are more straightforward than being diplomatic. Wish they would have just stuck to organic growth with well established processes than going to make this business an enterprise at such a rapid pace
Our incentive has not been credited for 3 months . When will we get our incentive and also we are not getting our incentive in fnf also what’s the point of earning incentive s . We are working like labours everyday 6 days in a week not able to apply optional leave . They are putting so much pressure unnecessarily.
Whatever Byju Ravindran says... How aggressive their sales executives talk and the price for 2nd class curriculum says it all that Byjus is not gonna sustain. It eventually has to revise it's sales strategy and also pricing of it's products. I think Byjus is misusing the general strong responsibility that Indian parents feel towards educating their kids to it's advantage. Byjus exploits the parents fears and sell them a very overpriced product that can push the family into a debt cycle. The quality of teaching may be good with Byjus product, but it is too much overpriced that it is sheer exploitation. And what about the stint with whitehat jr... Isn't the parents who purchased them eventually regretted for loosing money.
Many metaphors on value creation and learning when clear focus is to chase market leadership at the expense of students ambitions, employees wellbeing while masquerading as a solver for all.
Salesman at the time selling says, any time cancellation of course is possible and refund/ stop EMI payment for rest of the period is possible.. If cancelled even after 1 month for unsatisfactory reason, your team says only 15 day return policy for a course of minimum 3 years.. You should be slippered in public for this worst business strategy and looting bulk money of people...
Sometimes I feel that she is a different personality than what byju is! She is calmer and knows that depth of the question asked. And not over-power with your answer like byju is doing.
If they had any regret of firing innocent employees, they should've first fired the Managers who were usually fit for Politics & always had a tussle between employees who worked hard and compensated the work for their manager's minions. Their work culture had been terrible since the very beginning & whoever were good & if had any good intentions while working in the company - they've left already. This company will go down soon thanks to their terrible work culture, where Managers are often useless & could be seen chilling around with his minions while other hard working employees work their a&& off & struggling to get any leaves (forget promotions, increment which is usually reserved for the Minions).
I wanna ask before Byjus was there no education in India ? I am 2008 10th passout..hamare time mai to byjus vagera kuch nhi tha..still i bought above 82 percent and well settled..we used to have local Coaching classes..stop wasting parents money ..Ek to school fees uparse inka
This is just for optics. They have messed up in a sector which is usually profitable, while setting the precedent for the other players to burn. They may go down in very near future. There is no sight of exist for the current investors.
Byju mentions that when all the NBFC’s stopped supporting them with loans then the company went ahead and issued loans? I would like to know what does that mean? Does it mean that byju is giving whole credit to the parent and the parent pays the money back to byju in installments? Obviously not 😂. So basically it means that byju has shifted to a monthly subscription business model from yearly payments. That means a parent who has agreed to pay for an whole year for their child can “discontinue” the monthly payment at any point. 7:18
highly difficult to get refund from this company. before subscribing online class please think 10times and then. Even of you give cancellation request within 14days, they will process EMI and we have to behind them for refund.
I don't like this company but it's insightful to hear from the founders perspective, I don't like them currently but I wish they become a better company and provide good education to their users.
If they went back to basics "Take care of the employee, they will take care of the company", then they would have survived. Also the greed to grow rapidly killed them finally.
BYJU grew in strength but shrunk in people relationships….the lifeline of any customer focused company. So this was bound to happen. Soln - Remove the hounding sales mgrs., get back to developing customer relationships , show/advertise customer success as company’s success, and make it a core value.
You make money building a unicorn company but the question is on what principles and values?????.......today u might be a millionaire but you lost trust and respect in society....organization cannot survive on looting the public and playing with their emotions.....byju must learn some lessons on characters and principles.
Byju and his wife can say whatever they want but they actually just destroyed that sweet learning pattern of school studying and made the school teachers more lazy, and to be less committed to be genuine in teaching the students as they would learn at home or in tuition after or before school regular time. Life value teachings became nil, and the joy of being at school just died...... Old days were the best. Everything had its time in place........ Sad realities.
your story is paid to the news channel to glorify or provide a moral boost up platform . Few defaulters intentionally get the chance with this Culprit founder.
The person who don’t care of his employees how he gonna be get grow literraly Divya n byju don’t care about front workers of byju he totally harassed us to work us for 20 -21 hours in a days n what we get only 400 rs the sales person who is working for byju is he gonna satisfied such a ruthless n cruel company for employee I will tell to the Viewer. Do not trust on byju Raveendran n Divya’s words
Whatever justification you give and whatever numbers you throw, the 2022 numbers will look good because in 2021, your base was low. So naturally the growth in 2022 was good. And you are still making a loss. What about that? Talk profits, not revenues Byju's. I am not even getting to your vulturous sales team and the overwhelmingly negative social conversations. What do you have to say about that? I hear impact and education for all and so on so forth. Then might as well declare yourself as a nonprofit and don't talk about revenues. Because revenues mean nothing for businesses if you are making 800 crores loss.
Great Coverage - Everyone whats to do business - Good lessons of what mindset to carry - when you are failing to achieve your dreams... Because 10 times one need to fail to achieve the ultimate Dream the 1 final time ! You will rise soon !! All the Best...
Unfortunate to see this. Maybe Buju was ahead of time, little fast, little anxious, missed the signals getting from society but I can see pain in his voice of losing his dream. Sometimes over exposure kills..
You know the truth...YourStory, BYJU’S told there won't let be any further layoffs, but just a couple of days ago, they laid almost 80% of the engineering team. Research first, before doing any interview. Pathetic stuff going on. Have some moral ethics before doing paid interviews.
There are so many like Byju everywhere. What to do, many are born like that. How can a Kannur village boy from Kerala do like this? That is the mystery
There are things that I do not agree with. Like their over-aggressive marketing to get the numbers. But on the flip side, they created 50000 jobs in such a short span which no private/public sector was able to create in such a short span. Those jobs are huge contribution to the economy. Hope they get better.
Worst experience I have been facing from byjus. They are deducting EMIs regularly but they haven't started class yet . I'm very disgusting for what they are doing. I wanna cancel my subscription now but they aren't responding properly. I decided to file a case in Consumer forum.
Being a Founder is not an easy job. You are in a silo while making decisions. when you grow faster.. unless you don't know system.. with check points like onboarding experienced CFO / CSO etc. you are bound to face the heat. its the noise.. we will get to know only at the long term....
His body language looks aggressive...A teacher should look calm and composed from his face...As Divya ma'am looks more calm and composed like a teacher.
People who have worked for this scamster know how they pressurize sales executives to adopt unfair means to fulfill their targets. He can turn a blind eye to the problems but for me he will remain no more than an ordinary crook
Not defending byjus ,,but i am in financial field ,,be it mutual funds,insurance, sip,bonds,are sold aggressively to consumers infact mis selling is done by top tier large companies. So just targeting byjus is a part of hidden agenda ,i am very sure
They are not providing paid course for free they have designed free courses that is no use basic level which does not serve the purpose and all these are recorded videos
3 factors which brought down Byju's 1) Expensive acquisitions 2) constant delays in Financial reporting caused huge trust issues 3) Arrogance and ego of BYJu
Remember the day when some great leaders said Education must be FREE it should not be privatise and should not become money earning machine for this type of education institute. Government of India and Mr Modi should take necessary action on this. This type of startup only looking for money. But India is a developing nation and not a develop nation and our population will be 1st in the world very soon. We the developing nation cannot afford buyju education fees as it is very high. If buyju is so focused on Indian education system them they should charge fees as per Indian government tell to do so.
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Byju Ravindran's arrogance and body language speaks about the company.
True
Agreed 💯
No Chance. No CHANCE.
Well if alakh showed this body language, it would be termed as confidence...so thats not the main point
Jab insan ka samay kharab chalta hai.. logo ko bas bahana chayea burai krne ka. At least he created something what about your body language?
My middle finger salutes you mr byju
Hlo
Running a business is not everyone's cup of tea. Byju's is the perfect case study.
😂😂😂
There is so much talk about money/business/growth and so little talk about learning and education !
Because it your stores. It's have for business people. I positive we can lear from them and grow our business
@@Rajeshkumar-sq2wy what is byjus business? Why no talk about that?
Learning and education is their product.. I. Don't understand these question to be asked for all private schools/ private engineering colleges etc .. They are funded by politicians.. Education was always a big money generator.. They are just one of them in digital spaces..
Alok spoke the truth.
Because they aren't an edtech company.They are basically fronts for loan companies, selling debt to insecure parents.
If you can sign up Messi for millions but refuses to pay PF contributions of employees says a lot...Mr.
Trust is something which never heals if its broken once.
Pure desparation and panic in Byju's body language. Naming a company in line with the founder's surname is probably the worst idea as it only signals dominance and control. Byju's could have been such a game changer and a flag bearer for the entire Indian startup ecosystem. But it's almost a lost cause now, a victim of insatiable greed and ambition.
Byju's hires and removes people that it onboard on a contractual basis depending on the demand for its business. Though, it is being said that the company is now witnessing low growth and experiencing financial issues due to which it is eliminating employees.09-Jun-2023
have you forgot 'TATA"?
Ok entrepreneur
I don't know what weed was byju ravindran smoking during the pandemic. He should have anticipated that post lockdown when schools reopened his business model was going to succumb. He should have gone for a survival strategy and looked to monetise his products rather than doing aggressive aquisitions.
I concur with your observation about his body language.
Byju was in a hurry to grow but didn't take care of customers, so now very difficult to bring back trust with customers.
He is done and dusted.
Customers ?…..
They are learners but you made them customers
Personality of the founder reflects through their organisation…Enough Said.
Banks and NBFCs stopped Funding your customers because
1. Many of them were not able to repay. You just pushed 30k tablet into their throat.
2. Many of them were not able to cancel the order at your end and stopped repaying the loans (but they didn't understood consequences of credit derating for them).
Overall you didn't create even a minute impact on education. It is just burning money. Nothing more.
It's not an edtech company. Its a loan company disguised as edtech company.
waiting for somebody to write out all these .
Hy
Mr.Raveendran said "Byju's is going down, no chance, no chance..companies fail not because of external reason, companies fail because of internal reasons." Exactly after a week.. they fired almost 60% of their work force..! Now read my comment again..🤣
First hand experience with byjus, once you pay the money you cannot get the refund if you want it back, even if you call them within the refund period. No way possible, they'll say the accounts team will call in 24hrs but they won't, and you call them the next day the same thing the same dialogue repeats.
I really wish more people saw this video...not because of the way Byju or his wife was beating around the bush with every question they were asked, but the way the anchor addressed the whole matter...She was very transparent, polite n very honest in her questions...she was asking what we all had in our minds without any sugar coating in the most polite elegant way possible....straight forward questions with 'no clue what's going on' replies from both of them....when ur not going to give straight forward answers to the most simplest of questions, then there's definitely something wrong n fishy n it's a definite road to failure...
Yes byju ravindran was startled from the beginning. Laying off employees to market his brand is the wimpiest mistake done by him
From Byju's Insider, Fresh batch of firing starts. This is the 2nd batch of firing in last 3 months in Tech and look how shamlessly he talks. Listen Mr.Byju, Byju's will go down and its inevitable.
Yes , recent layoff is not in public,they are doing internally by whatsapp and Google meet..So much of arrogance in his words..Shame🧹
It clearly shows how frustrated he is looking defending his company. Feel sorry for him, but at the same time the company deserves the downfall because of their unfair practices to sell the courses.
Why you have to be sorry, he has scandalous person mate he has cheated people.
@@williamsatish25 You are right. Cheating in the name of growth.
The way Byjus treated it's employees is another story, even the teachers were made salesperson. This company was toxic as he'll! Why this topic isn't discussed?
The employees were equally toxic - how else could they sell these expensive tablets to poor people who have no requirements for it or means- if I am an employer I would never hire anyone who worked at byjus more than a few months as they are also frauds .
The irony is as soon as this video got published, an another deadly round of firing happened.
Byjus has fired more than 15K employees & In not including the ones who left the organization due to their terrible work culture, pressure & cold firing techniques.
Terrible work Cutlure..thanks for raising that point.
These guys are completely bonkers
He kept saying no place for complacency, but the fact that there's only chaos is reflective in his aggressive tone.
I have 2 questions:
1) do you provide education for those who can't pay the fees
2) if some students don't like studies, do you educate them on the field of their niche, like music, sports, cooking etc.
If you don't do anything like above, then you are just making a business and not doing any good for the nation, as everybody can't be good in studies, study is just like an other curriculum activities
Such a funny video. You will find it funny if you have worked in this organisation!!
Also you will find it funny if you had recieved lakhs of calls from byjus BDAs
Help sanket.
I feel sad.
Biggest problem was unnecessary scaling that byjus did. Unnecessary investments led to unnecessary growth which led to unecessary pressure from investors which led to unecesaary hiring, unnecessary targets and absolut unecessary and unethical strategies which Sales people used to sell a product. All this ultimately led to bad reviews from customers and that is the reason byjus is where it is now.
If they tried to be sustainable with a small workforce realistic targets the company could've gone a long way. The content of byjus, they way they teach has always been top notch. It literally could've been revolutionary in terms of learning but then greed happened.
Can’t believe she is bringing in women empowerment in to all these things. It’s because of people like her , people are stopping to respect women empowerment and it’s just an optics game by these corporates . Seriously these people should be accountable for their scams
Shradda of YourStory makes money from Byjus for airing this show, Byjus makes money from poor parents, and the poor parents end up losing money.
If only Shraddha knew basic journalism
This is a perfect example, whatever boss says, it sounds good...Just listen to any Byju Executive leaked internal call.
Compared to other coaching classes, byjus does not provide good classes, So far we have not received any personalized coaching despite being a subscriber of aakash and byjus premium for the last 4 years. Worried about the poor standard of coaching that as a parent I am providing to my child. During this final moments of preparation ......and not able to talk to a responsible person of their company....only a mentor call from the call centre.
Why subscribe for 4 years to something that you do not find useful?
Yes Physics wallah is very good
Both are more teachers than business people. They are more straightforward than being diplomatic. Wish they would have just stuck to organic growth with well established processes than going to make this business an enterprise at such a rapid pace
When Byjus Acquired White Hat Junior... Panauti started right from there
I am thankful to byjus . It has added a case study on ethics for business students like me. How a startup can fail on the base of culturea and ethics
I’m studying about the same 😂
Happy to learn more. As student that you're drop the link on where you have recorded these learnings.
Our incentive has not been credited for 3 months . When will we get our incentive and also we are not getting our incentive in fnf also what’s the point of earning incentive s . We are working like labours everyday 6 days in a week not able to apply optional leave .
They are putting so much pressure unnecessarily.
Ground reality of Byjus 👎
Whatever Byju Ravindran says... How aggressive their sales executives talk and the price for 2nd class curriculum says it all that Byjus is not gonna sustain. It eventually has to revise it's sales strategy and also pricing of it's products. I think Byjus is misusing the general strong responsibility that Indian parents feel towards educating their kids to it's advantage. Byjus exploits the parents fears and sell them a very overpriced product that can push the family into a debt cycle. The quality of teaching may be good with Byjus product, but it is too much overpriced that it is sheer exploitation. And what about the stint with whitehat jr... Isn't the parents who purchased them eventually regretted for loosing money.
Many metaphors on value creation and learning when clear focus is to chase market leadership at the expense of students ambitions, employees wellbeing while masquerading as a solver for all.
Salesman at the time selling says, any time cancellation of course is possible and refund/ stop EMI payment for rest of the period is possible..
If cancelled even after 1 month for unsatisfactory reason, your team says only
15 day return policy for a course of minimum 3 years..
You should be slippered in public for this worst business strategy and looting bulk money of people...
He should have let the lady speak more, she has more clarity and calmness , she can change the perception more perfectly
oh thats true.
Panic can be see in faces and body language
They are literally sweating 😂😂😂😂
"Education is a right, not a privilege"...Well it doesn't look that way looking at your course rates...
according to my friends who work at byjus they say it has a toxic work culture.
9:39 Question asked: Sales practices are aggressive
Useless Divya: Fav teacher and fav student.
WTF bro?
Takes me back to school days when I write complete bs answer to a question I don't know 😂
The sentiments in the comments section doesn’t match with the founders’ vision and energy 😂
A match made in heaven !! A conman and an even better conwoman… she resembles everything but an entrepreneur
Sometimes I feel that she is a different personality than what byju is!
She is calmer and knows that depth of the question asked. And not over-power with your answer like byju is doing.
If they had any regret of firing innocent employees, they should've first fired the Managers who were usually fit for Politics & always had a tussle between employees who worked hard and compensated the work for their manager's minions.
Their work culture had been terrible since the very beginning & whoever were good & if had any good intentions while working in the company - they've left already.
This company will go down soon thanks to their terrible work culture, where Managers are often useless & could be seen chilling around with his minions while other hard working employees work their a&& off & struggling to get any leaves (forget promotions, increment which is usually reserved for the Minions).
I wanna ask before Byjus was there no education in India ? I am 2008 10th passout..hamare time mai to byjus vagera kuch nhi tha..still i bought above 82 percent and well settled..we used to have local Coaching classes..stop wasting parents money ..Ek to school fees uparse inka
Truth of byjus is money making 😊i wish to be wrong i want to be wrong
not being worried about capital is ok but not respecting the capital is not ok.
This is just for optics. They have messed up in a sector which is usually profitable, while setting the precedent for the other players to burn.
They may go down in very near future. There is no sight of exist for the current investors.
Byju mentions that when all the NBFC’s stopped supporting them with loans then the company went ahead and issued loans? I would like to know what does that mean? Does it mean that byju is giving whole credit to the parent and the parent pays the money back to byju in installments? Obviously not 😂.
So basically it means that byju has shifted to a monthly subscription business model from yearly payments. That means a parent who has agreed to pay for an whole year for their child can “discontinue” the monthly payment at any point. 7:18
Both are on their nerves. They are defensive. They are over explaining. They are guilty.
Companies fail not because of external reasons but because of internal reasons. Well said by Byju😂😂
Byjus is classic case of arrogance + greed + ignorance is receipe for disaster
highly difficult to get refund from this company. before subscribing online class please think 10times and then.
Even of you give cancellation request within 14days, they will process EMI and we have to behind them for refund.
How much amount did u pay of the online classes ???
If a company spending 70 percent of its money in advertising it is destined to fail
I don't like this company but it's insightful to hear from the founders perspective, I don't like them currently but I wish they become a better company and provide good education to their users.
Ethics is missing in their business....hence they should face concequences for looting innocent people
Is this a bot?
How can we send this man and Divya to jail?
If they went back to basics "Take care of the employee, they will take care of the company", then they would have survived. Also the greed to grow rapidly killed them finally.
BYJU grew in strength but shrunk in people relationships….the lifeline of any customer focused company. So this was bound to happen. Soln - Remove the hounding sales mgrs., get back to developing customer relationships , show/advertise customer success as company’s success, and make it a core value.
I feel this is not a teaching institution interview
Byjus is crtisized by everyone in the comment section
You make money building a unicorn company but the question is on what principles and values?????.......today u might be a millionaire but you lost trust and respect in society....organization cannot survive on looting the public and playing with their emotions.....byju must learn some lessons on characters and principles.
"Pioneers in BS"
Bs mtlb?
@@Robin-pe8vc BullShit
@@Robin-pe8vc nonsense baat
@@Robin-pe8vc bull shit
Absolutely....business,growth,edtech.....all money talks
Byju and his wife can say whatever they want but they actually just destroyed that sweet learning pattern of school studying and made the school teachers more lazy, and to be less committed to be genuine in teaching the students as they would learn at home or in tuition after or before school regular time. Life value teachings became nil, and the joy of being at school just died...... Old days were the best. Everything had its time in place........ Sad realities.
Byjus never worked on their product rather than sales
Pw made the best product and sales happened simultaneously
The pin drop silent question is :
what is Tech in the EdTech ? 🤔
Platform is tech
No it's not.
Personalisation, Platform, Data Analytics.. What is not tech in the EdTech?
Question should be - where is the ed in your edtech?
your story is paid to the news channel to glorify or provide a moral boost up platform . Few defaulters intentionally get the chance with this Culprit founder.
What are the things are not do in business byjus is best example
I am from medical department but regularly use to watch Ankit inspired india. Appreciated you!
He made education as business in black and white
The person who don’t care of his employees how he gonna be get grow literraly Divya n byju don’t care about front workers of byju he totally harassed us to work us for 20 -21 hours in a days n what we get only 400 rs the sales person who is working for byju is he gonna satisfied such a ruthless n cruel company for employee I will tell to the Viewer. Do not trust on byju Raveendran n Divya’s words
As someone great has said
*Don't raise your voice, improve your argument!*
Pioneers in perfection! Little humility will take you all long way. When you diffuse responsibility, you shouldn’t be here!
You made two cardinal sins:
1. Overpricing your courses.
2. Selling predatory loans to people who simply can not afford it.
Are they going back to just 3 people again..?
Whatever justification you give and whatever numbers you throw, the 2022 numbers will look good because in 2021, your base was low. So naturally the growth in 2022 was good. And you are still making a loss. What about that? Talk profits, not revenues Byju's. I am not even getting to your vulturous sales team and the overwhelmingly negative social conversations. What do you have to say about that? I hear impact and education for all and so on so forth. Then might as well declare yourself as a nonprofit and don't talk about revenues. Because revenues mean nothing for businesses if you are making 800 crores loss.
Great Coverage - Everyone whats to do business - Good lessons of what mindset to carry - when you are failing to achieve your dreams... Because 10 times one need to fail to achieve the ultimate Dream the 1 final time ! You will rise soon !! All the Best...
Pretty sure he took investor's money and diverted it. Why else would he delay the audits for so long?
Unfortunate to see this. Maybe Buju was ahead of time, little fast, little anxious, missed the signals getting from society but I can see pain in his voice of losing his dream.
Sometimes over exposure kills..
Knowledge is like fire...if you are not prepared to handle it. you will surely get burned by it !
You know the truth...YourStory, BYJU’S told there won't let be any further layoffs, but just a couple of days ago, they laid almost 80% of the engineering team. Research first, before doing any interview. Pathetic stuff going on. Have some moral ethics before doing paid interviews.
The ship is sinking
ironically everything they have blurted out is what they are doing wrong..
This has aged well.
And it goes down.
Just 5%, haven’t you noticed recent tech layoffs? grow up guys.
There are so many like Byju everywhere. What to do, many are born like that. How can a Kannur village boy from Kerala do like this? That is the mystery
There are things that I do not agree with. Like their over-aggressive marketing to get the numbers. But on the flip side, they created 50000 jobs in such a short span which no private/public sector was able to create in such a short span. Those jobs are huge contribution to the economy. Hope they get better.
Commenting on 28th feb 24... Valuation down by more than 99%
Revisiting this in 2024.. lol😂.. aged well Byju
Worst experience I have been facing from byjus. They are deducting EMIs regularly but they haven't started class yet . I'm very disgusting for what they are doing. I wanna cancel my subscription now but they aren't responding properly. I decided to file a case in Consumer forum.
Being a Founder is not an easy job. You are in a silo while making decisions. when you grow faster.. unless you don't know system.. with check points like onboarding experienced CFO / CSO etc. you are bound to face the heat. its the noise.. we will get to know only at the long term....
The man is completely messed up, this is what a financial crunch will make of you.
I'm waiting refund my money 5000rs. From February 2022. why not refund my money?
Till me now
His body language looks aggressive...A teacher should look calm and composed from his face...As Divya ma'am looks more calm and composed like a teacher.
People who have worked for this scamster know how they pressurize sales executives to adopt unfair means to fulfill their targets. He can turn a blind eye to the problems but for me he will remain no more than an ordinary crook
He should be politician not a teacher as he knows to fool the public through a good speech
It's very easy to comment in the comments box but respect his courage and efforts
Yes right , courage to scam thousands of Indian parents 👍
Not defending byjus ,,but i am in financial field ,,be it mutual funds,insurance, sip,bonds,are sold aggressively to consumers infact mis selling is done by top tier large companies. So just targeting byjus is a part of hidden agenda ,i am very sure
Good english Jargon to hide actual Financials
They are not providing paid course for free they have designed free courses that is no use basic level which does not serve the purpose and all these are recorded videos
Trust and reputation if lost once , never gets back!!
It’s only a matter of time these two going to get arrested
3 factors which brought down Byju's 1) Expensive acquisitions 2) constant delays in Financial reporting caused huge trust issues 3) Arrogance and ego of BYJu
Sales are recognised on the basis accrual of not collection/cash basis
You intention is not education only money making so this is the reason of downfall please correct it
He conversation is mainly on business rather than education. Scammer
Remember the day when some great leaders said Education must be FREE it should not be privatise and should not become money earning machine for this type of education institute.
Government of India and Mr Modi should take necessary action on this.
This type of startup only looking for money. But India is a developing nation and not a develop nation and our population will be 1st in the world very soon. We the developing nation cannot afford buyju education fees as it is very high.
If buyju is so focused on Indian education system them they should charge fees as per Indian government tell to do so.