Monday, June 24, 2024

Prosus, the largest external investor in Byju's with a 9.6% stake, says its stake in the Indian edtech giant is now worth zero; Prosus invested a total of $570M (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
Prosus, the largest external investor in Byju's with a 9.6% stake, says its stake in the Indian edtech giant is now worth zero; Prosus invested a total of $570M  —  One of Byju's largest investors, Prosus, on Monday said it believes its stake in the Indian edtech startup is now worth nothing …



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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...