Gaurav Munjal to step down as Unacademy CEO 🚨🚨🚨
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Har 6 mahine me ye news ata hai
Yep I remember gv posts about this 6 months back But I think today all the major media houses have published - ET, Money control etc
So it's finally happening
It's quite unbelievable how much he raised for Unacademy in the bull market and then now is fully committed behind Airlearn which is a much smaller startup in a way
Whole edtech is a scam only selling dreams to people
Remember one thing , most VC backed startups exist only for founders to make money ; as an employee if one is hoping to make money and career in VC backed startups ; then that’s gonna be a rare case
Most VC backed startups exist only for VCs to make money*
This is a fantastic news. An egoistic person finally gets the place what he deserves.
OP please use dark mode screenshots. A sudden white image is are too bright at night time
Unacademy has in total raised nearly 900 million dollars and has current market valuation of just 800 million dollar.
Liquidation preference clause will ensure that founders won't get exit and hence this move is quite expected as Founders are not going to gain anything .
Same goes for Bhavish Agarwal who has raised more than 5 billion dollar in Ola cab service while it's valuation is only 2 billion dollar. Liquidity preference me ch**iya Kat jaaega Bhavish ka. Hence he is diverting his attention to Ola electric and Krutim
Money raised is higher than valuation
yeh kaise?
I remember once they told me while enrolling for my brother, when they reduce course of 40k to 12k in 10 days, The education fees of coaching is like flight prices, we might increase or decrease.
I remember fee change on a year basis but how come in 10 days.
I never like strategy of unacademy. 🤑🤮
Is this confirmed? So long Gaurav for fighting so hard in EdTech.
He will build great things
Apne India ka Steve Jobs.