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Today, we meet Ganesh Balakrishnan, the founder of Flatheads - a company which created a storm on the internet after their episode aired on Season 2 of Shark Tank India. Flatheads is a D2C shoes brand that sells shoes made of sustainable materials like banana Fiber, bamboo etc. In his pitch, Ganesh asked for 75 Lakhs in exchange for 2.5% of the equity in Flatheads. After the pitch, he got an offer of 75 Lakhs for 33% of the company .
I talk to Ganesh about
- Ganesh Balakrishnan's past experience
- How and When Flatheads started
- The unit economics of running a premium shoe company
- His Experience of participating in Shark Tank India Season 2
- His favourite Shark from Season 2 of Shark Tank India
- Why he rejected a deal from Peyush Bansal and Vineeta Singh
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Disclaimer: Neither the guest nor I am a SEBI registered investment advisor. Information shared is only for educational purposes and not investment advice.
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