Back

Havish Gupta

Figuring Out • 1y

Ganda Dhanda (2/20) Boat and Hammer In Shark tank S1, Rohit pitched his company called Hammer Lifestyle in Shark Tank. It was a direct competition to Boat which sold products like Headphones, Speakers and electric toothbrush. Rohit had asked a 10 crore valuation with a 80 Lakh monthly sale. He got an offer from Aman to buy out the company for 1cr which was later reduced to 1cr for 40% (which he accepted). But the condition was that he will have to stop everything and limit to selling Electric Toothbrush. So while it looks a great deal, but it wasn't. All what Aman wanted is to kill Hammer. But that didn't happen. I don't know that was Aman's deal accepted later, but what we know is that not only Hammer's sale tripled but they also launched 7 more SKUs. So Yeah. This was yet another tactic for big companies to kill their competition (which didn't worked here). So take this into account before fund raising. What do you think of this about this?

18 Replies
1
18
Replies (18)

More like this

Recommendations from Medial

Image Description
Image Description

Jaswanth Jegan

Founder-Hexpertify.c... • 1y

Weird Marketing Strategy by BoAt: In the initial days of BoAt Aman Gupta went to a shop and asked to buy and place his product in his store but the shop keeper rejected it so Aman after 2 days he sent his wife to the same shop and asked the shop an

See More
27 Replies
4
41
Image Description
Image Description

Mahendra Lochhab

Content creator • 5m

BoAt (imagine marketing) started by Aman Gupta and Sameer mehta in 2016. Sameer mehta is the CEO of boAt and Aman is Chief Marketing Officer(CMO).  In the beginning of his career Aman gupta worked as an assistance manager in Citi group and later al

See More
3 Replies
8
Image Description
Image Description

Adithya Pappala

Zero Fund-VC|Investi... • 10m

Mukesh Ambani doesn't Play Cricket But he owns the largest Cricket Streaming Platforms JioCinema which Streams Cricket Gautam Adani doesn't report the news But he owns one of the largest NDTV news channels which reports the news Radhakishan Da

See More
4 Replies
1
5
Image Description
Image Description

Elite Nexus

INFO INFO EVERYWHERE • 4m

From Rejection to Revolution – The boAt Story In 2016, Aman Gupta and Sameer Mehta set out to build an Indian audio brand, but investors weren’t convinced. Facing multiple rejections, they bootstrapped their way into the market. With a deep underst

See More
5 Replies
3
26
Image Description
Image Description

LIKHITH

"You never know" • 3m

The New Judge of Shark Tank ! "Shrikant Bolla" This man had every reason to give up.but he chose greatness. He was rejected by IIT beacuse he was visually impaired but today he has built a empire Let's dive in... Shrikant Bolla, a visually chal

See More
16 Replies
30
Image Description
Image Description

vishakha Jangir

 • 

Set2Score • 5m

𝗜𝘀 𝗯𝗼𝗔𝘁 𝗺𝗮𝗱𝗲 𝗶𝗻 𝗰𝗵𝗶𝗻𝗮 ? Is boAt a Chinese company? but this ad has beautifully presented the boAt progress and narrative about being a Chinese company. ----- We were making nothing in india. (Aman Gupta) Now boAt scaled their m

See More
9 Replies
3
13
Image Description
Image Description

The Outlier

Hey I am on Medial • 4m

Jensen Huang once said, "My will to survive exceeds everyone else's will to kill me." In 1996, Intel was worth $100B whereas Nvidia was 30 days away from bankruptcy. Now Jensen Huang beat Intel at a game he didn't even stand a chance at.

3 Replies
21
Image Description
Image Description

Ashutosh Mishra

Chartered Accountant • 1y

MKBHD new video over Humane AI pin where he termed the product as ‘The Worst Product I’ve Reviewed… For Now‘ has sparked a controversy whether such criticism was required. Earlier, Fisker a car company was also reviewed by him where he termed it as t

See More
23 Replies
1
16
Image Description
Image Description

Havish Gupta

Figuring Out • 4m

This is what we call dedication! So In 2012, 19-year-old Eric Simons was working on ClassConnect, his education startup. However, he was completely broke. But Then he discovered an awesome hack to live for free! His startup had previously been acce

See More
3 Replies
1
22

Download the medial app to read full posts, comements and news.