Unacademy

6 statements across 1 episodes · 4 bullish · 0 bearish · 1 people on the record · first statement Jun 11, 2023 by Gaurav Munjal · said 20 times in 2 episodes since 2023 · across every show →

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brought up most by Gaurav Munjal (10), Nikhil Kamath (9), Sujeet Kumar (1)

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Everything said about Unacademy, oldest first

Jun 11, 2023 bullish
Assertion Not checkable as stated
Gaurav Munjal: Unacademy hit its first cash-flow-positive month in June 2023
“Unacademy in the last 12 months, the way we have focused on EBITDA, I think very few venture funded companies have. And this month will be the first month where we are cash flow positive.”
Gaurav Munjal Jun 11, 2023 ▶ 46:25 Ep #5 | EdTech What’s Broken, What’s Next? With Nikhil, Ronnie Screwvala , Gaurav Munjal & Jay Kotak · Nikhil Kamath
Jun 11, 2023 positive
Assertion Not checkable as stated
Gaurav Munjal: Unacademy pivoted 10 times before hitting ₹30-40 lakhs daily revenue
“Four years, it took us 10 plus pivots to realize what's our business model. But once we cracked the business model, this is, I remember 2019, we were on a founder's retreat and we start seeing revenue numbers that we are doing 30 lakhs a day, 40 lakhs a day. A…”
Gaurav Munjal Jun 11, 2023 ▶ 8:48 Ep #5 | EdTech What’s Broken, What’s Next? With Nikhil, Ronnie Screwvala , Gaurav Munjal & Jay Kotak · Nikhil Kamath
Jun 11, 2023 bullish
Disclosure
Munjal: Unacademy holds 24% market share in NEET PG prep
“But NEAT PG, where let's say we own 24% market share, the problem there is people say, we don't need offline coaching centers.”
Gaurav Munjal Jun 11, 2023 ▶ 1:11:29 Ep #5 | EdTech What’s Broken, What’s Next? With Nikhil, Ronnie Screwvala , Gaurav Munjal & Jay Kotak · Nikhil Kamath
Jun 11, 2023 positive
Insight
Munjal: EdTech must implement adaptive difficulty and positive reinforcement like video games
“You, people play games that they win. So today, if they are sitting in a coaching center, where you don't even get entry to a best teacher's class, because they say you are number hundred, that won't work. But if there is an AI app that says that, so the AI ap…”
Gaurav Munjal Jun 11, 2023 ▶ 1:17:05 Ep #5 | EdTech What’s Broken, What’s Next? With Nikhil, Ronnie Screwvala , Gaurav Munjal & Jay Kotak · Nikhil Kamath
Jun 11, 2023 neutral
Insight
Munjal: Founder acceptance of overhiring is harder than executing cost cuts
“Listening and having that acceptance that you f***ed up or you over hired people and the journey of letting go of people would be a tough one. I think doing that acceptance was the major part. Once you accept that, Hey, I did, I f***ed up. There are 10 people …”
Gaurav Munjal Jun 11, 2023 ▶ 47:58 Ep #5 | EdTech What’s Broken, What’s Next? With Nikhil, Ronnie Screwvala , Gaurav Munjal & Jay Kotak · Nikhil Kamath
Jun 11, 2023
Disclosure
Munjal: Unacademy pays some teachers $1 million
“So one of the things that an academy now does is, and some of our teachers are paid a million dollars, million US dollars.”
Gaurav Munjal Jun 11, 2023 ▶ 1:03:27 Ep #5 | EdTech What’s Broken, What’s Next? With Nikhil, Ronnie Screwvala , Gaurav Munjal & Jay Kotak · Nikhil Kamath
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