Snapshot of Unacademy's 8 years

DerpyTaco · 2023-12-10T16:57:51.104417+05:30

1. A top-down culture exists at Unacademy, where 4-5 leaders decide everything. In the design team, for instance, the smallest of decisions is made by senior leaders, including whether a button should say ‘Let’s start’ or ‘Let’s get started.’ 2. Saturday night calls are routine. Employees often carry their laptops to pubs or bars. Unacademy’s HR department recently started setting expectations for people to work 2-3 Saturdays a month. Another peeve is appraisal. 3. In the early days of the pandemic, founders stayed in ultra luxury properties for six months because working from home was not conducive and hotel tariffs were less expensive than usual. They informed the board of directors about the expenses and the reasons and they accepted it. 4. Unacademy has laid off 5000+ employees in these 8 years 5. Entire top leadership has left the brand for better opportunities. These include - CFO, COO, COFOUNDER, CHRO, GENERAL COUNCEL AND 70% OF TOP EDUCATORS. 6. Unacademy has burnt More than 9000cr of VC capital in the past 5 years and is still bleading money

A top-down culture exists at Unacademy, where 4-5 leaders decide everything. In the design team, for instance, the smallest of decisions is made by senior leaders, including whether a button should say ‘Let’s start’ or ‘Let’s get started.’
Saturday night calls are routine. Employees often carry their laptops to pubs or bars. Unacademy’s HR department recently started setting expectations for people to work 2-3 Saturdays a month. Another peeve is appraisal.
In the early days of the pandemic, founders stayed in ultra luxury properties for six months because working from home was not conducive and hotel tariffs were less expensive than usual. They informed the board of directors about the expenses and the reasons and they accepted it.
Unacademy has laid off 5000+ employees in these 8 years
Entire top leadership has left the brand for better opportunities. These include - CFO, COO, COFOUNDER, CHRO, GENERAL COUNCEL AND 70% OF TOP EDUCATORS.
Unacademy has burnt More than 9000cr of VC capital in the past 5 years and is still bleading money

27mo ago

CosmicNoodle

Stealth

27mo

With regards to funding, math isn't adding up. Unacademy has raised 6,600 crore in its lifetime. It still has 1800 crore in the bank. Curious to know how it burnt 9000 crore?