Our Terms & Conditions | Our Privacy Policy
Shark Tank India has acquired a great deal of popularity in the recent past, ever since the Indian version of the American reality TV show The Indian Airwaves in 2021.
The show, despite its popularity has invited criticism from time to time on various aspects. Sometimes, the concerns surround pitches made by entrepreneurs, and sometimes, it is in regard the conduct of the judges or ‘sharks’ of the show.
Get Richer Sharks
A similar concern has been raised by a Redditor on the social media discussion platform Reddit. In this post, the anonymous Redditor spoke of the sharks and their ‘deep pockets’ or the lack of it.
The post was published with a critical title, “Next season, get richer sharks!”
The post followed a description that read, “It’s important to get sharks with deep pockets and real influence! This will ensure that the whole Royalty and combined deal chindigiri doesn’t happen, and the founders actually get empowered. Otherwise, it’s just a marketing platform!”
Other users acknowledging the post, reacted with their own response.
One user said, “completely agreed. Sharks like deepinder And Kunal I’ve noticed, always want to offer more than at,east 1 cr…they even do big deals like 4 to 5 cr…never in some lakhs and I think that’s ideal for the founders too.. investors having more skin in the game”
Another user added, “sharks who have huge money, don’t need shark tank India ,they can easily pool in funds to VCs Shark tank is more of Angel investors than series a,bc and anchor investors.”
Another user focused on observations made by sharks, with a particular emphasis on education of pitchers. “Also what is the obsession with “Aapne kya padhai ki hai, kaha tak padhai ki hai” I’ve only seen this on ST India. Unless the pitchers bring it up, I’ve never seen Sharks ask this on other STs. This obsession with pedigree needs to go. Especially in business where it’s a good to have but not require.”, added the user.
Royalty and Investors
Another user added, “Royalty is a way for investors to hedge their investments in extremely risky bets. No problem in doing them in extremely risky bets, but Namita Thapar overdoes it. She feels that just saying ‘just an expense item’ will alleviate the founder’s hesitance. IT DOES NOT. I do not like her for this.
If you are getting 2X or more as royalty, you shouldn’t own even 1% of the business. I’d say you made great use of your money by taking double the royalty of your investment.
Combining deals and forcing founders to take a deal is definitely chindigiri. I wish there was some founder with a spine who simply said to them, ‘I won’t be doing a deal under duress.’ That would have set a precedent.”
[ad_1]
Images are for reference only.Images and contents gathered automatic from google or 3rd party sources.All rights on the images and contents are with their legal original owners.
Aggregated From –
[ad_2]
Comments are closed.