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News on Medial
"Shark Tank" star Kevin O'Leary said he wants to crowdfund buying TikTok
Business Insider
·
1y ago
Medial
Kevin O'Leary, investor and star of the TV show "Shark Tank," has set up a crowdfunding website to gauge interest in collectively buying TikTok. The site allows users to reserve spots to become investors in a potential US version of the social media platform. O'Leary aims to protect user data from foreign adversaries, and his bid follows US lawmakers' decision to ban Chinese-owned TikTok from US app stores unless it is sold within a year. O'Leary joins a list of potential buyers, including former Dodgers owner Frank McCourt and former Treasury Secretary Steven Mnuchin.
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Kevin O'Leary, the 'Mr. Wonderful' from Shark Tank, Sounds the Alarm A Looming Financial Crisis Threatens Small Business Owners
Business Bytes
·
1y ago
Medial
Kevin O'Leary, the 'Mr. Wonderful' from Shark Tank, Sounds the Alarm A Looming Financial Crisis Threatens Small Business Owners In the world of business, Kevin O'Leary, affectionately known as "Mr. Wonderful" from the hit TV show Shark Tank, is renowned for his no-nonsense approach to investments and his sharp eye for opportunities. However, his latest warning isn't about the next big deal; it's about a financial crisis that's quietly creeping up on us all.
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Shark Tank India sends legal notice to pitchers; Here's why
IndianStartupNews
·
1y ago
Medial
In a recent post on LinkedIn, Dorje Teas co-founder Sparsh Agarwal said that they had received a legal notice from Shark Tank India for using clips from their own pitch. Agarwal also claimed that they were not the only ones who received such notices. "They've cracked down on each and every startup that appeared on Shark Tank," he asserted.
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Who could buy TikTok? Only a few parties are serious about offering
Economic Times
·
6m ago
Medial
TikTok faces a potential U.S. ban requiring it to sell or shut down due to its Chinese ownership. ByteDance, TikTok’s parent company, is reluctant to sell, especially without its key algorithm, which China likely won't approve for sale. Interested buyers include Frank McCourt and Kevin O'Leary, with commitments for over $20 billion. Ex-Treasury Secretary Steven Mnuchin is also interested. The proprietary algorithm is a major hurdle, raising U.S. security concerns.
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Azhar Iqubal joins Shark Tank, says 'Mom received more calls in 24 hours than in last 10 years'
News 18
·
1y ago
Medial
Inshorts Co-founder Azhar Iqubal, who's joining Shark Tank India panel, told ETimes, "For past 10 years, people in my village in Bihar were unaware of my work." He added they discovered his work after Shark Tank's promo went live. Azhar said his mother received more calls in 24 hours than in the last 10 years with wishes after the promo.
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Founders lie about numbers on Shark Tank India: Thapar explains
Inshorts
·
1y ago
Medial
Shark Tank India judge Namita Thapar explained why many deals promised on the show don't materialise. She said that during the "due diligence" process, sharks often a "lack of integrity" among founders. "There are many founders who have ghosted me. The numbers they quoted at tank, they are completely off, not just marginally but substantially off," she said.
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Shark Tank India judge Kunal Bahl reveals the most underrated quality that can make or break an entrepreneur
Livemint
·
8m ago
Medial
Co-founder of Titan Capital and Snapdeal, Kunal Bahl, is set to debut on Shark Tank India Season 4. Bahl, an entrepreneur and investor for over 15 years, will bring his expertise and experience to the show. In a recent interview, he revealed that he looks for clarity of thought in entrepreneurs and focuses on business segments such as consumer marketplaces, e-commerce, software, logistics, fintech, and consumer brands for potential investments. Bahl's motivation for joining Shark Tank India is to support the next generation of founders and provide them with capital, knowledge, and network.
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Deepinder Goyal leaves Shark Tank as Swiggy becomes sponsor
Entrackr
·
10m ago
Medial
In a significant shift within the Indian startup landscape, Zomato’s CEO, Deepinder Goyal, announced on Saturday that he will not be returning as a judge for the upcoming fourth season of the popular reality show Shark Tank India. His decision marks a departure from his previous involvement in mentoring aspiring entrepreneurs on the show. This decision comes amid reports that Swiggy, Zomato’s main competitor in the food delivery space, will be sponsoring the new season of Shark Tank India. An ET report suggests that Goyal’s departure is linked to a strategic agreement that allows Swiggy, Zomato’s primary competitor in the food delivery market, to sponsor the upcoming season of Shark Tank India. A MoneyControl report added that Swiggy may spend Rs 25 crore to sponsor the new season. “I unfortunately can’t go back because Swiggy sponsored Shark Tank this time and kicked me out,” Goyal said at ET Startup Awards 2024 on Saturday. Goyal’s exit signifies a major change for the show, which has built a substantial following since he became a judge in season 3 last year. Queries sent to Zomato, Swiggy and Shark Tank did not elicit an immediate response. This development coincides with Swiggy’s impending debut on the stock exchange. In its recently filed draft red herring prospectus, Swiggy outlined that it plans to invest approximately Rs 930 crore in brand marketing and awareness. In other news, Swiggy launched a 10-minute food delivery service called Bolt in key locations across Bengaluru, Chennai, Hyderabad, New Delhi, Mumbai, and Pune. The Bengaluru-based firm also officially launched its Swiggy XL EV fleet, a bulk order delivery service using electric vehicles, in Gurugram. Notably, Zomato had already launched its bulk delivery service earlier in April.
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Shark Tank India deal completion can take 3-9 months, says Anupam Mittal
Economic Times
·
2y ago
Medial
Shark Tank India deal completion can take 3-9 months, says Anupam Mittal; Aman Gupta, another judge, told ET in a statement that he had the right to refuse a deal if there are any issues found during the due diligence process.
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Shark Tank India 3's latest addition: Edelweiss MF CEO Radhika Gupta
Livemint
·
1y ago
Medial
Radhika Gupta, Managing Director and CEO of Edelweiss Mutual Fund, has joined the judge's panel for the third season of "Shark Tank India." Radhika Gupta, along with other new "Sharks" including Zomato CEO Deepinder Goyal and Inshorts CEO Azhar Iqubal, will evaluate pitches from entrepreneurs seeking investment. "Shark Tank India" is the Indian adaptation of the American show "Shark Tank," where entrepreneurs pitch their business ideas to a panel of investors who decide whether to invest in their ventures. The third season will be streamed on the OTT platform Sony Liv.
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Ashneer Grover Criticizes Expanded Panel of Judges on Shark Tank India
Business Bytes
·
1y ago
Medial
Ashneer Grover expressed his concerns about the increased number of judges on the panel of Shark Tank India's third season. He likened the expanded panel to an "audition" of potential Sharks. Traditionally, the show featured six judges, but the third season introduced a total of 12 judges, including both familiar and new faces. Grover's outspoken remarks have sparked discussions among fans and industry insiders. The addition of more judges may bring fresh perspectives and diverse investment expertise to the show. It remains to be seen how this change will impact the dynamics and investment decisions of Shark Tank India.
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