Education startups in Russia keep promising their students a successful career and a huge salary. ‘You study with us for six months, become a top programmer, earn loads of money,’ – all their marketing roughly boils down to this kind of logic.
It’s okay, but Indian Interviewbit came up with an even more appealing approach. ‘What you want is to write programs, what you want is to get a job. That’s why we will teach you to pass interviews at cool tech companies. You get savvy at answering questions, get an offer, find yourself at Facebook.’ All their landing pages, all their claims, and even the very name Interviewbit are built around this logic. There are no qualification projects or anything else that we are used to, it’s all about ‘learning answers to trick questions.’
This trick alone would be enough to qualify them as a startup of the day, but the founders’ cynicism goes deeper than that. From what I understand by looking through their website and curriculum – with all their talks about interviews, what they teach is regular programming! Without any actual experience, I couldn’t be sure about the quality, but it looks quite decent. A six-month course is quite costly – around USD 3 200. And that’s in a less well-off country like India!
Last December, Interviewbit brought in USD 45M of investment.
#education #roundb #india
Translation: Kostiantyn Tupikov
Alexander made his career in Russian internet companies including Mail.Ru, Rambler, RBC. From 2016 to 2018 he was Chief Strategy and Analytics officer in Mail.Ru Group. In this position, he worked on M&A, investments, and new project launches. In 2018 he became Deputy CEO in Citymobil, a Russian Uber-like company that was invested by Mail.Ru Group and Sberbank (the biggest Russian bank), then he left the company to launch his own projects. Now Alexander is a co-founder of United Investors – the platform for co-investments in Russian early-stage startups. His blog #startupoftheday (#стартапдня) is one of the most popular blogs about startups in Russia.