Very good idea considering the fact that it costs the same as plastic spoon and environment-friendly. People (including me) without realizing would use 3-5 plastic spoons in a week which would affect the environment. I find it very funny when Mohit (CEO of Omaxe Group) says "there is no need for it", it shows their attitude towards the environment. Keeping the valuation aside, I think it's a brilliant product.
In the world, where the UNO is talking about Sustainable Development Goals and Reducing Plastic. The Vault Keepers are saying there is no market? He has P.O's and has proved his market with Sales. I really did not understand, why the CEO of Omaxe Group disagreed with it. I also agree that he had a crazy valuation. But dismissing the idea by saying there is no market is like discouraging Entrepreneurs.
Well from what I have observed watching a few episodes is that whenever there is a good product investors try to criticize it to a point that the entrepreneur who is pitching gets nervous and then the value it like 10 times lower for what the entrepreneur is asking for .....and I sense that a lot of products that are actually great and have potential gets rejected either coz of lack in presenting skills of entrepreneur or the short sightedness of investors ..... Agreed valuation was mad...but this product is great ....try targeting the baby food market would work wonders there.
Adithya A.A They are investors sitting there to invest in businesses to make money. It might be a great product but valuing for 350cr on the basis of 1month sales without knowing DCF....is plain stupid!! Needless to say its Oct 2018 and there is no revenue to be seen for this company.
Just shows how dumb the investors are! That guy there thinks there is no need of this product in the market. They all collectively discouraged the man which led to the downfall of his confidence in putting his views in front of them.
The guy did a ted talk in Amsterdam, appeared on national geographic and many more. The product can be one of the best tool to tackle the carbon footprint of plastic cutleries. just saying.
Yes.I agree.presenter is not a number guy, bit hard working hands on job guy. These arrogant idiots will not understand the value of innovation and environment
Khana itna tasty tha ki me bartan bhi kha gya😅... Bht bdya idea tha ye👌... This eatable spoon and plates will change the complete game.. No plastic.. No pollution 🙏
Actually these people are just investors not the researchers. They just have money to buy someone's idea. That's why they have criticized so much. Hats off to you Bakey's for your innovation
The investors are narrow minded they can't foresee the future, they don't care for the environment, all they care for is their income. I am really proud of the man who brought this idea forward and extremely sad that mostly in india we find assholes like this investors. If I have money I would have invested everything to bring this product into large scale usage and protect my planet.
People who don't have work are in their forum of judges... Hope they learn the art of intuition and market survey accumen... These idiots wud have rejected Jio, Mcd, Alibaba, Apple etc... These Bunch of bookish geek reminds me of John Scully CEO of Apple who lead to its disaster.
These guys think that we(customers) would prefer money over health. That we would more likely use plastic spoons and harm our health than preferring an natural product. Can't understand their logic.
I'm afraid I have to disagree with Mohet Goel. How is there no need for this when people are climate aware and all the issues with plastic will be reduced? We have plastics in water, in our sewage, and in oceans, because of I think environmental-friendly spoons are the future. Use your money and think broader, don't be limited. Some things investors say don't make sense and for me, these are not valid answers. Mina Beč
So many entrepreneurs in this show come up to the show without any consistent promising sales under their belt. This is not how this works. Only if they watched 10 episodes of Shark Tank they would've understood.
Good Product.. and worst sales pitch I've ever seen.. Well the issue is we Indian's don't understand business very well.. and are not good with business terminology... Even though the onus of understanding these terms is with entrepreneurs but still I would request Vault team to educate the participants before hand to get these numbers ready before the presentation so that they don't get embarrassed on a National TV. Hope you got my idea..
That's why he came to seek investment and guidance from the strategic partner, he came smiling and he left smiling, in the end he left as an honest person
Though its tasteless or not good in taste, after using the spoons can feed to stray dog you have sol for this. This one is replacement for plastic .the maker was not prepared with basic numbers thats the only fault.should have given one more chance
Man he spoke so well in Ted talks..if he could have spoken half of that it would have been deal. And more over he can hire a finance manager for the numbers. I think he should try shark tank..
Great Idea. They ran an edible cutlery Kickstarter campaign. They took all the money raised. They sent nothing but excuses. We even got a video message saying he would do anything to deliver when it was late.... and still, zip. ~$300K. Gone. And it looks like they even disable comments on some videos.
Every business predictions are always not right as they judge u by wat u say but wat u do and they imagine is totally different even a big investors like anil ambani , tata fails in market so u can't predict
The guy is an innovative entrepreneur and surprised that these so called stupid judges do not know how to behave. Thank God he didn't get through it. These sharks would have given him nightmares once they fund him. The producers of this program should never bring such judges as they just wanted to show their nose in the air without basic courtesy and respect for others. You guys can never become somebody like infosys Murthy or Ran Tata or even up to the level of the owner of Saravanabhavan restaurant chains. Looked like another episode of Hell Kitchen with so many Ramsays.
This guy should wait 1 year and see the ups and downs... After a year of sales he should pitch it. 1 month of sales is too low for any investor. After a year we also come to know about reorders. If this takes off then good...
one of them would've invested if he kanew his numbers well....very sad to see this....he should've gotten someone who knew the numbers of his business...and I honestly think the investors are going to regret this 😑
Really foolish investors these are, They could have ask him easy questions like what would he do with the money and how would he scale. And they say the product is of no need, they can easily be called intelligent fools then
Just 4 or 5 people sitting there and giving judgements about products and persons, is not fare, just go look your company products..one time come out personally with your products for people's opinions, then you come to know ...the reality.... we all know how , like you people Getting bank loans, for build your business. And we all know how becoming masters to shoe loss instead of profit.... Stop nonsence... go and book your tickets to LONDON......
Bakeys keep your persistence u will succeed .. its easy to discourage someone who doesnt know values or contribute a jack to society or environment rather for these judges its all about money in the world nothing else matters for these guys !!!! well ..with money should have some Ethics and be polite... why that takloooo.. was comparing a bussiness idea with sunny leone??? was is it a way to speak???? its better u didnt get into bussiness with this JUMLAAAAA VAULT investors!!!! for sure u will make ur way :) Vault team u guys should work for a better investor judges to uplift entrepreneurs .. not critics and kill them..
This show is heavily inspired by Shark Tank. I've seen the american and australian version of shark tank and compared to those, this show looks bland. And even the invester panel looks discouraging.
Naah.. why all these indian sharks look like they are suffering from indigestion...assuming a lot, not resoecting the entrepreneur, cocky behaviour ...us shark tank hosts are very down to earth and they relate to the enterprenuers a lot. All these sharks are very like looking down on everything. Happy this show is a failure. Our youths should not watch something like this growing up.
Abhishek Kaushik shark tank itself is a copy of Dragon's den UK And that is also a copy of a japanese reality show.. Money Tigers from where it originally came
![ILLSLICK X YOUNGOHM - We're The same [Official Video]](http://i.ytimg.com/vi/yUJNkobYR0E/mqdefault.jpg)
Proves that investors can be idiots as well. Rich idiots of course. This is an excellent product.
Bro search on internet.. founder of this company has been arrested due to fraud..
Very good idea considering the fact that it costs the same as plastic spoon and environment-friendly. People (including me) without realizing would use 3-5 plastic spoons in a week which would affect the environment. I find it very funny when Mohit (CEO of Omaxe Group) says "there is no need for it", it shows their attitude towards the environment. Keeping the valuation aside, I think it's a brilliant product.
Mohit is NOT a self-made entrepreneur and lacks common sense and is riding on inheritance :P
@@9090Account makes sense
The same idea got funded in Shark Tank US. Kudos to the idea and the vision
Remember his name, he will go global soon and these people will regret their decision
The owner codn't deliver any product and he is arrested
@@sujanshetty1 his name goes global doesn't it?
In the world, where the UNO is talking about Sustainable Development Goals and Reducing Plastic. The Vault Keepers are saying there is no market? He has P.O's and has proved his market with Sales. I really did not understand, why the CEO of Omaxe Group disagreed with it. I also agree that he had a crazy valuation. But dismissing the idea by saying there is no market is like discouraging Entrepreneurs.
yes that was not good to watch
Adithya A.A i agree with you
Well from what I have observed watching a few episodes is that whenever there is a good product investors try to criticize it to a point that the entrepreneur who is pitching gets nervous and then the value it like 10 times lower for what the entrepreneur is asking for .....and I sense that a lot of products that are actually great and have potential gets rejected either coz of lack in presenting skills of entrepreneur or the short sightedness of investors .....
Agreed valuation was mad...but this product is great ....try targeting the baby food market would work wonders there.
Adithya A.A They are investors sitting there to invest in businesses to make money. It might be a great product but valuing for 350cr on the basis of 1month sales without knowing DCF....is plain stupid!!
Needless to say its Oct 2018 and there is no revenue to be seen for this company.
Just shows how dumb the investors are! That guy there thinks there is no need of this product in the market. They all collectively discouraged the man which led to the downfall of his confidence in putting his views in front of them.
The guy did a ted talk in Amsterdam, appeared on national geographic and many more. The product can be one of the best tool to tackle the carbon footprint of plastic cutleries. just saying.
Mohit, Do you really think we don't need this product, Product is so good only the thing the presenter is not well prepared businessman
Yes.I agree.presenter is not a number guy, bit hard working hands on job guy. These arrogant idiots will not understand the value of innovation and environment
He is claiming impossible valuation.
This guy is a product guy, you are asking technical questions to him which supposed to be asked cfo but unfortunately he does not have.
Khana itna tasty tha ki me bartan bhi kha gya😅... Bht bdya idea tha ye👌... This eatable spoon and plates will change the complete game.. No plastic.. No pollution 🙏
Vault team just insulted this person bcoz they dont understand the idea....
Its show childish behavior of so called vault members...
this idea is great.. but it requires proper guidance for it to be executed in larger scale
Yes. Some finance and business geek should help him to put his company on the path of trajectory
The product is great and there is DEFINITELY a need in the market but the founder did no efforts to pull it through
there is a need to purchase this product...mohit
This project is a scam. Kickstarter backers invested $278,000 and got nothing in return.
The sharks dont know what they are talking about.
Yes.They do not know the value of passion.
Actually these people are just investors not the researchers. They just have money to buy someone's idea. That's why they have criticized so much. Hats off to you Bakey's for your innovation
The investors are narrow minded they can't foresee the future, they don't care for the environment, all they care for is their income. I am really proud of the man who brought this idea forward and extremely sad that mostly in india we find assholes like this investors. If I have money I would have invested everything to bring this product into large scale usage and protect my planet.
People who don't have work are in their forum of judges... Hope they learn the art of intuition and market survey accumen... These idiots wud have rejected Jio, Mcd, Alibaba, Apple etc... These Bunch of bookish geek reminds me of John Scully CEO of Apple who lead to its disaster.
Ye saale maha chutiye hain
This is the good product
But the investors sitting there are dumb
And that guy needs some guidance
Yes. I totally agree
He has groundbreaking product. But the so-called judges are worried about TRP's and not the environment :P
Shameless people.. he did for nature not for taste and yeah, health is byproduct.. hatsoff of to these product maker
That investors are very discouraging and fools.
It's the revolutionary idea.
Please upload all the videos
It became big now
Yes nice concept I know this since 2011- food industry hotel can replace . sir if you req marketing would like to work for you
These guys think that we(customers) would prefer money over health. That we would more likely use plastic spoons and harm our health than preferring an natural product. Can't understand their logic.
I'm afraid I have to disagree with Mohet Goel. How is there no need for this when people are climate aware and all the issues with plastic will be reduced? We have plastics in water, in our sewage, and in oceans, because of I think environmental-friendly spoons are the future. Use your money and think broader, don't be limited. Some things investors say don't make sense and for me, these are not valid answers. Mina Beč
So many entrepreneurs in this show come up to the show without any consistent promising sales under their belt. This is not how this works. Only if they watched 10 episodes of Shark Tank they would've understood.
this product can be used for sweet products and ice creams etc..
Good Product.. and worst sales pitch I've ever seen..
Well the issue is we Indian's don't understand business very well.. and are not good with business terminology...
Even though the onus of understanding these terms is with entrepreneurs but still I would request Vault team to educate the participants before hand to get these numbers ready before the presentation so that they don't get embarrassed on a National TV. Hope you got my idea..
Good suggestion for the vault team👍
Rakesh Kumar, indeed it's a good idea, if you notice at least one of the investor sitting there starts roasting by default...
The judges are rude as hell. Thats not how pitches are done
Brother if you want someone to help you I'll do the whole scene ill handle the business 👍🏻
hi team
I have a great business model i want to go for there to elaborate my idea for some funding
great product, awful presentation
That's why he came to seek investment and guidance from the strategic partner, he came smiling and he left smiling, in the end he left as an honest person
In his defense, those sharks are bad listeners.
Though its tasteless or not good in taste, after using the spoons can feed to stray dog you have sol for this. This one is replacement for plastic .the maker was not prepared with basic numbers thats the only fault.should have given one more chance
nice idea
Those who are saying investors are stupid don't are probably thinking from emotional point of view.
Man he spoke so well in Ted talks..if he could have spoken half of that it would have been deal. And more over he can hire a finance manager for the numbers. I think he should try shark tank..
He honestly shouldn't even have had to explain the environmental angle. There's a gigantic market for anything that viably replaces plastic.
Plastic is harm .. This spoons are best .. These judges are lost their minds . faltu log ko judges math banao yaar...
Why this video still on TH-cam ? this guy was arrested in alleged fraud of Rs. 25 crores. Read in google.
Great investor great idea of dropping !!
Sure this is a good product
But still the money to be invested by them is their own hard earn money!!!
Good product. Poor execution. The Vault Keepers should have given it a thought since this product is doing good for the environment.
Great Idea. They ran an edible cutlery Kickstarter campaign. They took all the money raised. They sent nothing but excuses. We even got a video message saying he would do anything to deliver when it was late.... and still, zip. ~$300K. Gone. And it looks like they even disable comments on some videos.
i have night mares daily about the ideas and concepts to do business
my target to focus on my dream
🔥🔥 his and incredible eats are same .... did he saw shark tank??😎😎😎
This video was published 6 years back...use your own brains
Both English and logic have committed suicide after reading your comment you dumbo
Every business predictions are always not right as they judge u by wat u say but wat u do and they imagine is totally different even a big investors like anil ambani , tata fails in market so u can't predict
The guy is an innovative entrepreneur and surprised that these so called stupid judges do not know how to behave. Thank God he didn't get through it. These sharks would have given him nightmares once they fund him. The producers of this program should never bring such judges as they just wanted to show their nose in the air without basic courtesy and respect for others. You guys can never become somebody like infosys Murthy or Ran Tata or even up to the level of the owner of Saravanabhavan restaurant chains. Looked like another episode of Hell Kitchen with so many Ramsays.
This guy should wait 1 year and see the ups and downs... After a year of sales he should pitch it. 1 month of sales is too low for any investor. After a year we also come to know about reorders. If this takes off then good...
This guy is a ted talker
The idea is good..but the guy is not prepared in numbers..it's really frustrated them
They all not want go in New inventions.
one of them would've invested if he kanew his numbers well....very sad to see this....he should've gotten someone who knew the numbers of his business...and I honestly think the investors are going to regret this 😑
Really foolish investors these are,
They could have ask him easy questions like what would he do with the money and how would he scale.
And they say the product is of no need, they can easily be called intelligent fools then
Fast food vendors are most users of those plastic spoons.
I think he overestimated,
He should have improved its taste.
Then started his company.
I'm here just for the accent
there is something beyond money that these guys should see. sorry that thats all they can see
I need funding , i have very excellent idea.
Oh! sounds good
These people invest in companies like Doodhwala.
I don't no anyone here but I know ratan tata and even he failed launching docomo, even tata na no got failed even businessman can be wrong sometimes
Absolutely Idiot Judges.. Not one of them can answer what is the purpose of business?..
They might have rejected because of his asking of 140 CR and thinking itna paisa hai kya mere pass 😂😂
Just 4 or 5 people sitting there and giving judgements about products and persons, is not fare, just go look your company products..one time come out personally with your products for people's opinions, then you come to know ...the reality.... we all know how , like you people Getting bank loans, for build your business. And we all know how becoming masters to shoe loss instead of profit.... Stop nonsence... go and book your tickets to LONDON......
You can't say he is a mad guy...
wow that was mean... unlike other episodes
We have been asking for this product from them since last 2 years and still have not received from them. We have received always new excuses though
The guy has been arrested
Good product...wrong valuation....
Bakeys keep your persistence u will succeed .. its easy to discourage someone who doesnt know values or contribute a jack to society or environment rather for these judges its all about money in the world nothing else matters for these guys !!!! well ..with money should have some Ethics and be polite... why that takloooo.. was comparing a bussiness idea with sunny leone??? was is it a way to speak???? its better u didnt get into bussiness with this JUMLAAAAA VAULT investors!!!! for sure u will make ur way :)
Vault team u guys should work for a better investor judges to uplift entrepreneurs .. not critics and kill them..
These are called EGO driven losses. If you take decisions based on your foolish emotions then you can't be a successful investor.
Lol copied idea seen in one kids show in amazon 🤣🤣🤣
This show is heavily inspired by Shark Tank. I've seen the american and australian version of shark tank and compared to those, this show looks bland. And even the invester panel looks discouraging.
You both are mad .. not he..
20 million for 40%? this man is crazy
Naah.. why all these indian sharks look like they are suffering from indigestion...assuming a lot, not resoecting the entrepreneur, cocky behaviour ...us shark tank hosts are very down to earth and they relate to the enterprenuers a lot. All these sharks are very like looking down on everything. Happy this show is a failure. Our youths should not watch something like this growing up.
It's a scam, they've ripped off their kickstarter investors. and legal action is in the works.
Please shut down this series...... Ego....ego.....ego.....
looks like a copy of Shark Tank. Why do they copy everything ?
Abhishek Kaushik shark tank itself is a copy of Dragon's den UK
And that is also a copy of a japanese reality show.. Money Tigers from where it originally came