> ..you would have known that they relied on lecture videos by instructors, mostly Byju himself, and not on animations and glitter.
That is the same - content creation.
Not disagreeing to the fact that he perhaps did much better job than the others in test-prep market of at that time, but content creation startup is not worth $22B by any stretch of imagination. There is no moat. Sal Khan (Khan Academy) started much earlier, has deep & rich content, much more globally respected, but did it have valuation anywhere close to Byju's?
Read this book to get "familiar with Byjus".. very well written
That is the same - content creation.
Not disagreeing to the fact that he perhaps did much better job than the others in test-prep market of at that time, but content creation startup is not worth $22B by any stretch of imagination. There is no moat. Sal Khan (Khan Academy) started much earlier, has deep & rich content, much more globally respected, but did it have valuation anywhere close to Byju's?
Read this book to get "familiar with Byjus".. very well written
The Learning Trap: How Byju’S Took Indian Edtech For A Ride https://www.amazon.in/Learning-Trap-ByjuS-Indian-Edtech/dp/9...