Shark Tank update: ‘Sharks do have a spine,’ say social media users as Gaurav Taneja’s BeastLife loses deal
In the latest episode of Shark Tank India Season 4, YouTuber Gaurav Taneja appeared as a pitcher with his business partner for his fitness brand BeastLife, which sells a variety of products such as easily digestible protein supplements, creatine monohydrate, and bulk energy boosters. additions.
During the pitch, they claimed that the brand quickly gained traction, registering sales worth 1 crore within just an hour of its website launch.Afterwards, SUGAR Cosmetics CEO Vineeta Singh asked them,
During the pitch, Taneja and her business partner even talked about their subscribers and social media followers.Later, Shaadi.com founder Anupam Mittal asked Taneja about his unique users on YouTube.
To this Gaurav replied that he is not very good at social media numbers as they are focused on business numbers. “You’re a good influencer, but a terrible entrepreneur so far. I’m sorry, but you can’t outsource entrepreneurship.”
Taneja sought Rs 1 crore for 1 percent equity to expand her easily digestible protein supplement business.Because she couldn’t answer simple questions, Taneja didn’t get a deal on the show.
Needless to say, the pitch went viral on social media, with users pleased that the Sharks didn’t offer Taneja an investment and called the pitch “brutal”.
“Couldn’t be happier to see that sharks really do have backbones,” commented the user.
“It was so satisfying to see his ego get crushed. The sharks were honest and brutal with him (sic),” said a second user.
“Anupam ne sahi class lagani shuru ki (sic),” wrote a third user. The fourth user wrote: “Ab Influencer wala ego leke Shark Tank Jayega toh Business k offers kaise positively lega (sic)”.
“The last 5 minutes have been brutal,” said the user.
“Vineeta showed him that whatever sales he made, he was able to achieve it because of his followers, and he has no future plans to compete with the giants in the same market,” another user noted.