TBI West Surabaya Franchise Bankrupt (Part 1 of 3)

Over the next few weeks we will be updating you about the latest events from TBI, focusing on the collapse of this language chain in Indonesia’s second biggest city, Surabaya. In this post we want to start with TBI West Surabaya, a disastrous TBI franchise school which has gone bankrupt in recent weeks. We have…

Re-Casing Old Computers: The True TBI Way

If you want to understand TBI’s business well, the most fundamental thing to grasp is that it is controlled by a few, greedy rent-seekers who take as much out of the business as they can, and re-invest as little as possible. This is the reason it has been rapidly losing market share since around 2009.…