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WTF happened to Byju? The article states "Prosus, an early backer of Byju’s, wrote off its 9.6% stake in the venture after valuing it at $493 million at the end
by hn_throwaway_99 2y ago
WTF happened to Byju? The article states "Prosus, an early backer of Byju’s, wrote off its 9.6% stake in the venture after valuing it at $493 million at the end of March.", and there is a linked article with more details at https://archive.ph/BVjYI https://archive.ph/BVjYI.
If you go from $493 million to zero in less than three months, with no big catastrophic event in the interim, it was always BS to begin with.