What guarantee that Byju’s survives end of the year?
Link to article - https://techcrunch.com/2024/01/11/blackrock-cuts-byjus-valuation-by-95-to-1-billion/
That billion dollar valuation. It is still a lot of money to survive years.
If they had money this would not be happening
Companies can survive in 10000 Rs. It is just a matter of perspective.
Still overvalued by about $1000M
I hope you understand valuation doesn’t equate to cash-flow.
@Hydb :-)
Death of companies are always sudden. Slow decay is seen before in the form of employee upheaval.
Byjus has now survived for almost 2 yrs.
With deep sadness i have come to accept that byjus is here to stay. It is just a matter of time before they find a bigger fool willing to invest. Or maybe the promoter himself will invest some of profits earned before.
Correct Rivu
