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Indian Startups

1yr

leadersheep

A Team Lead

Chegg (An online education platform) lost 95% of its stock valuation!

Why? Students who used to get homework help from Chegg can now get it for free with ChatGPT. I believe the EdTech downfall has started. Will you consider joining an EdTech at this point?

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punctualcircuit

1yr

works at

HDFC Bank

It's too early to say if this is the start of a major EdTech downfall. While some EdTech companies may struggle, others may adapt and innovate with new technologies like AI.

satinbaiji

1yr

works at

Info Edge

[upliftingapple](username) Khan Academy is already trying to integrate ChatGPT. I don't think it's too early.

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stoictechie

1yr

works at

Morgan Stanley

Go to ChatGPT and type "Explain to a 6 year old using some simple metaphors". After the first response, type "Now go a little deeper by building upon this, as if you're explaining it to a 12 year old." And finally, ask it to delve deeper to explain this to a 20 year old who has no background of this. See how well it is able to explain and cement your understanding of a technical concept.

askingforafriend

1yr

works at

Mahindra & Mahindra

[stoictechie](username) Bro I have been using the Pareto principle. It's pretty good, you can try too. Prompt: "I want to learn about [insert topic]. Identify and share the most important 20% of learning from this topic that will help me understand 80% of it."

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momager

1yr

A Subject Matter Expert

In India, EdTechs are hard to make successful given the tuition culture we already have in place. So, personally, I won't join an edtech unless they have a foreign user base that's not as price-sensitive.

leadersheep

author

1yr

A Team Lead

[momager](username) Great point. Thanks for sharing.

satinbaiji

1yr

works at

Info Edge

Umrika ka Byju?

leadersheep

author

1yr

A Team Lead

[satinbaiji](username) Haha! Sort of. Same industry i.e. EdTech but different offerings i.e. Chegg markets itself as a homework help platform (received heavy criticism for encouraging mass cheating culture). While, Byju's is a learning/tutoring platform.