Hi Kuldeep, Just wanted to tell you that every company has its own story or I would say every person has their own story. And if we talk about the MBA there you learn every aspect of business which plays a major role in the business. This may be a lecture in an MBA curriculum but not the whole MBA. I hope you agree with my opinion and I look forward to yours.
I ordered the go zero icecreams right after watching this episode and now, can't get over it!!!! It's so good!!! Kudos to the Idea and the implementation!!! This is amazing!!! Thank You!!!
Pre-M valuation ask from Kiran is of INR 50 crores. Loved season 1 of "The Barber Shop". There are few of such entrepreneurial podcasts growing in India but someone like you anchoring the episodes bring out the max take-away for young founders. But this is some next-level .... This is so priceless to be freely available on RU-vid but kudos for this initiative. So thrilled for next episodes !!! please keep this going 😀
The pre money valuation put forward by Kiran was INR 50 crores. Loved season 1 but season 2 has raised the bar so high. This new format is a breath of fresh air! Keep up the great work Shantanu!
The point where Shantanu just takes down few notes is so raw and enlightening to see. Such a basic thing to do and yet not something you come across in such discussions.
Season 2 is 🔥 Can we please have an episode or two explaining all the different terminology? Like, I'm aware of a few terms here and there. I think it would be great if Shantanu and team could do a comprehensive video explaining the terms in a simple manner. Wonderful episode as always! 👌🏼👏🏼
Yaar Shantanu, The maturity the understanding the way you investors guys handle the enterprineur absolutely amazing. Keep it up. Feel energetic feel good. Thx for the same.
You guys are doing a Nobel work of educating young minds of India about entrepreneurship and the know how’s knowledge of starting up, which otherwise is very difficult to get access to. This type of content will definitely inspire and encourage so many budding entrepreneurs to take their first step with much more confidence due to the decision making that would be much more informed and calculated than what it would have been otherwise. Congratulations to all of you.. you guys are really contributing to India’s growth story in more ways than one. Great work, Keep this up 👍🏻👏🏻
This is kinda a The Whole Truth version of the commercial SHark pitches we tend to see these days. Kudos to Shantanu for taking this amazing initiative
Nice podcast and it is even better with the host jumping in between with 'bits' explaining the nuances and takeaways..even for a beginner like me. Kudos !!
The pre money valuation is 50 crs. Thank you so much for bringing up season 2 . Loved the season 1of this podcast and looking forward for many more seasons. This is a mba masterclass for me.
Premoney Valuation 50 cr. This is the one show i am gonna look forward to watch week by week. Shantanu explaing concepts in middle of episode which helps clarity. The show is very calm n interesting to watch
Amazing episode with so much depth and insight regarding his business. 1000 take aways from this episode. Amazing founder who has such a solid understanding!
Apsara ice cream is quite well known in the area I live in. Their sorbets are my favorite so just taking a guess I think the pre money valuation would be 7 Cr.
Interesting that the investors didn't ask about the kind of sweetener/sugar-substitute being used in the products. There is a hierarchy developing in the sugar substitute market with certain kinds of sugar substitutes (like aspartame) being considered more harmful than sugar. This is an evolving space and it will be interesting to see how Go Zero adapts its products to research study findings, international trends and consumer preferences.
For the kit:) 50 Cr is the pre money valuation if other institutional checks come in. Then the check size is 50 lakhs to 1 Cr. If Shantanu and his other 49 friends are only investors, then the pre money valuation is 40 Cr. And check size is 1 Cr which's only 2.5% dilution!
Hi Anindya, congratulations! You're the winner of this week's hamper. Could you drop your contact details here or email them to thebarbershopwithshantanu@gmail.com and we'll be in touch with you.
Hey Team, why aren't you guys updating these podcasts on podcast platforms like Google Podcasts, Spotify etc ? It's a bummer having to watch this on youtube for some of us !!
Pre Money valuation for Go Zero Business that founder has put is around 50Cr, must say Love the show big fan from the start❤ love the explanation bit in between to help us understand the business jargons and valuation metrics #hamper #BarberShopTalks
@shantanu can u share how did kiran or anyone arrange funds, who wants to open more stores.... not everyone is from iim, meckinsey or an MBA. If a normal family business want to have finance to open stores, how do one do....pls make a video on that.
Shantanu sir, thank you so much for your content , for these kind funding rounds, for this kind of big help to Enterprenuers and wannaprenuers.. Superb sir..Thank you for all of this.
Pre money valuation refers to the total initial equity valuation of the company before going public or seeking external funding and investments from venture capitalist. The founder is valuing the business at 50cr valuation at pre money valuation
46:19 I love the way you made me understand that part which was going top of my mind I want you to explain more of that when the difficult talk is there It is much higher level of content then shark tank
Hi Shantanu You guys are the "Real sharks". This is one of the best podcast, I saw on business and entrepreneurship. Thankyou for providing the insights.
The founder valued the company at 50cr pre-money, considering he is able to grow the net revenue of 6cr, target for next year, at 20-30% growth rate you for next 10 years, rallying to 55cr net, with a multiple of 20, 1110cr total valuation, the initial 1 cr will turn to 111cr, quite a big exit.
Pre money valuation is 50 crore. The guy had tough beginnings and then he made it to IIM L and did business inside the campus as well as per my research!
Hi Shantanu, The episode was great. The Pre-Money valuation by Kiran was INR 50 Cr. Could you also describe why certain companies would want to raise money privately v/s publicly? I know there would be a turnover threshold (but even when they can). Also, I know Kiran specifically stated and this would be true for most of the people coming on the show that they aren't only here for the money but for the network. Is there a way through which the audience here could also pitch in with money. I know there are multiple P2P platforms ( but they are for lending) not for people who would want to invest in certain ideas and learn directly from the founders but with lesser amount of money?
That'll be a great way to market a product as well. If you get 1000 common people who watch the episode and put Rs. 10000 earch into your business, that's Rs. 1 Cr money raised along with 1000 new customers. It's a win-win situation for everyone. Obviously the legalities and paperwork will be tricky, but if Shantanu and team can crack this, it'll be great tbh.
Hi Shantanu / Or anyone who knows the answer to these questions - I have some questions. I am an absolute noob/newbie, willing to learn, so please excuse and correct my understanding/assumptions. 1. So, the Estimated Net Sales between January to June end is approximately ~5-6 crores. Making the ARR at ~10-12 crores. Now the multiple offered is ~4-5X making the pre-money value at Rs.50 crore. Is this understanding right? If yes, then as an investor you are basically trusting that the brand will do a ~Rs.1.4/month for AMJ. But what happens when the founder is not able to deliver on this promise? 2. How long typically is the process from this handshake to the SMS reading “INR 5 crore has been credited in your current account”? 3. Also, will the amount be given to the founder only when the ARR promise of ~12 crore is met, or will it be given before that? Is it an agreement that you are making today, but for a date 6-9 months in the future? So you give the cheque only at the end of June/July? 4. If no other investor came in, did you imply to offer 1 crore for 2.5% equity at 40 cr valuation? If yes, why? Will you not have very little skin in the game and would want to refrain from investing? Also, inability raise another 4 crore from elsewhere would reduce the chance of the founder to reach the goal of 25 cr significantly right? Or were you certain that differential 4 cr will be raised by soft pushes by the 50 of you in the VC intuitional ecosystem? What is the rationale?
Love these questions man!! :) 1. Yes guidance is just that - guidance. Reality may be different. But typically well run companies find their way to success. Paths may differ, even timelines may differ. But we’re trusting together we can guide the company. 2. Typically in very early stage situations 3-4 weeks :) in bsc for eg now a round will need 2-3 months 3. No in this case it’s not milestone dependent. 4. Yes I asked for 1 cr at 40 pre which is a 2.5% position but a Kiran stayed firm at 50 pre so we said ok. We aren’t a fund per se so were ok with a small position. We had belief given his proven track record that 1. Cr will drive the business to next level. Ur questions are very intelligent and correct. Not like a newbie at all :) thank u for asking
@@shantanudeshpande Helps so much! Thank you so for the detailed answer! Still only learning and lots to absorb hence a newbie 😝! Also your humbleness at 1:07:22 when you said “If you could allow us the privilege….”. So much to learn simply from that one sentence and how you framed it. Many thanks and good wishes!
Arrrrdeeent fan from walkeshwar days! Castrol was my client and despite the fact that i DETESTED THEM and their horrendous bigoted nasty marketing team and i LOVED the building they inhabited, i used to go happily to Walkeshwar just because i could eat Apsara icecreams and also chat with the cute uncle ji there ( who i now guess must have been Kiran's dad) - Uncle Ji was super cute! One of the stores shut down was near my house in Bangalore! BTW, your bangalore stores are such "susth" places! they dont give a damn about marketing or customers and are SUPER STINGY with their tasting samples! we get a 1/4 of what naturals gives. My memories of Apsara are of the walkeshwar store and though i go and buy on and off, i dont really like the experience - staff too unfriendly and dont care a damn. Sadly same experience in Naturals too but then Bangalore is PATHETIC overall from a restaurant customer services standpoint!
Premoney Valuation is 50cr as per the conversation If a lead investor come in than he will decide the valuation and dilution can be done based on that valuation
Pre Money- 50 crores Btw Thank You Shantanu! I wait for all your episodes and reels eagerly. Thank you so much. Can I Shadow CEO you for some days and get to work with and for you?
Just to add here.. some people really look for Protein as well.. Being I am vegetarian I always check on all products if there is protein.. Another is wht Shantanu saying for mock meat - thts is for all reasons.. For veg people who wants to protein intake and for others who want to shift from non veg vegan.
Although the founder has conveyed a pre-money value of Rs. 50 Crs, considering Rs. 5Crs round for 10% stake would be an implied pre-money value of Rs. 45 Crs.
50 CRORES - pre money valuation. I AM MOST NEEDY GIFT HAMPER PERSON.(if you CAN) - I’m starting up in gift hamper products; this will make your hamper evaluate with other brands.
