America's entrepreneurial-themed reality show Shark Tank found its way to India in 2021-22 and shot to popularity soon after. After season 1's success, Peyush Bansal, Namita Thapar, Ashneer Grover, Aman Gupta, Vineeta Singh, Anupam Mittal & Ghazal Alagh are all set to return with Shark Tank season 2. Ashneer, who became popular on the show with his stern feedback and savage remarks, recently gave a lecture at Lovely Professional University and talked about his co-judges.
He said, “I knew Anupam from before. I’d pitched him an idea once, and in the month that he took to get back to me, I accepted somebody else’s investment, so I ended up saying no to him. Vineeta was my junior in IIM; we never spoke but had exchanged flirtatious glances. She was one of those ‘hot juniors’. Aman is a great guy, our ‘auditions’ for the show were held together at my place. Peyush everybody knew from Lenskart, and Namita I met for the first time on the show.”
.jpg)
He also talked about his experience on the show. He said, “None of us went with the intention of making money. Let me tell you the truth, none of us made any money from the show. Some people said that we made 10 lakh per episode, but I’d have been happy with even 5 lakh. The concept of the show is very simple; they believe we have money, and they felt that we all have high-value startups, we’d be able to invest some money on the show. So, they asked us to commit to spending 10 crore each on the show. We said okay. We weren’t paid anything for any episode; in fact, we worked like bonded labour for hours and hours.”
On Shark Tank, entrepreneurs pitch their business ideas to a panel of ‘sharks’, asking for their investment in exchange for a certain equity in their company. While some entrepreneurs get their desired investments, some get brutally rejected.
(Source: Hindustan Times)
.jpg)
.jpg)