CosmicSushi
CosmicSushi

A fun read on the Byju's situation

Some investors want Byju Raveendran out of the company, yes, but others want to give him more money!

17mo ago
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FuzzyPickle
FuzzyPickle
Amazon17mo

I have seen Byjus and the current management to literally Lie like anything. And the first principle to respond to any rumor in media was to clearly say “NO thats not true” or just lie “we are looking at it”.

If there is one thing that i know about Byju is - If he is saying 47% investors want him out then its a Lie, if he says 47% it’s definitely 67% or more, the remaining equity is with his family and ranjan.

CosmicSushi
CosmicSushi

That's definitely a possibility. We'll know soon enough when there's more concrete info about the rights issue.

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