5 Lessons Every Startup Must Learn From The BYJU’S Journey
Go Tech-Heavy
BYJU’S went the exact opposite route of a tech-based firm by banking on tens of thousands of employees for scaling.
Buy Only What You Can Sustain
BYJU’S went on a shopping spree buying Aakash, White Hat Jr., Great Learning, and more but couldn’t integrate any of them.
Corporate Governance Is Key
Notorious for missing deadlines by years, BYJU’S has left government and its investors in the dark about their financials.
Pay Attention To Debt
BYJU’S 2023 $1.2 Bn loan, which they used to acquire Aakash has now become a nightmare, as the acquisition was not a success.
Have A Vision And A Plan To Execute It
Even after having a first mover advantage in the edtech sector, BYJU’S lacked vision to innovate and sustain and was instead chasing the shiny new things.
These were the 5 lessons every startup must learn from BYJU’S. But how did they get here?