Stephen Voerman

You can’t make this up: 1) Byju’s raises billions from every name brand investor you can think of and becomes valued at more than $20B to disrupt the education system - first in India - and now globally 2) They use the money to go on an M&A spree - a hard strategy for any company to do well let alone a fast growth tech company 3) In June their auditors quit and three board members resign 4) A creditor sues them to get $1.2B back 5) Now it turns out they may have transferred $533M to a hedge fund run by a 23 yo whose 2020 SEC filings listed an IHOP in Miami as their office address bloomberg.com/news/articles/…