Yes. The ISA was a good idea. It aligned the incentives of the company with the vocational success of the students. There are several clones of this in India. I

Yes. The ISA was a good idea. It aligned the incentives of the company with the vocational success of the students. There are several clones of this in India. I assumed that the rest of the details (like curriculum etc.) would fall into place and the thing would be atleast a moderate sustainable success. I think that's it's the pressure to grow and become a "unicorn" that seems to encourage these kinds of ugly compromises and behaviour. That kind of thing can be just annoying if the company was some kind of social media thing but when you get involved in something as important as education which can have a huge impact on a persons life, you have to be responsible about it. But that doesn't really help the valuations.