Tag: Felix Ohswald

Former Unicorn GoStudent With Exploding Losses Does Not Seem To Have A Bright Future!

The (former) Viennese unicorn GoStudent, an online learning platform, has presented its balance sheet for 2022 with a loss of almost €221 million and a revenue of €52 million. At the beginning of 2022, GoStudent secured €300 million in a Serius D round with a €3-Billion valuation. Three takeovers and US expansion followed this. The company laid off hundreds of employees and failed to turn profitable in 2023. The future does not seem to be too bright for GoStudent.