OYO CEO Ritesh Agarwal says Shark Tank does this ‘really well’

OYO CEO Ritesh Agarwal and judge of reality show Shark Tank India took to X to share a post about what he thinks the show is “doing really well”. In the announcement, he also recalled the early days of his entrepreneurial journey when he had no idea how to “read or interpret the balance sheet”.

OYO CEO Ritesh Agarwal’s tweet on Shark Tank India prompted people to post different responses. (X/@riteshagar)

“Amidst all the fun on Shark Tank, what the show does really well is touch on some of the most fundamental concepts of business and entrepreneurship in a simple way. When I started OYO, I had no idea how to read or interpret the balance sheet. Glad to see Shark Tank India bringing these conversations into the mainstream,” Agarwal wrote. He also shared a video alongside his post where he is seen explaining what “Contribution Margin” is in business.

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Check out this post shared by Ritesh Agarwal:

Since it was posted a day ago, the tweet has garnered nearly 12,000 views. The share additionally collected close to 200 likes. People posted different comments while reacting to the post.

How did X users react to Ritesh Agarwal’s shark tweet?

“Phenomenal,” wrote user X. “Very well explained,” shared another. “Absolutely! Shark Tank’s ability to simplify complex business concepts is invaluable to aspiring entrepreneurs. Shark Tank India brings these discussions to a wider audience, empowering more people to venture into entrepreneurship with confidence,” added a third.

About Ritesh Agarwal:

Ritesh Agarwal is the founder and CEO of OYO Rooms. He recently became a judge on the reality show Shark Tank India. In a recent interview with Hindustan Times, the entrepreneur spoke about his failures, success and his journey on the show.

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While talking about being a part of Shark Tank India, the CEO said it was ‘fascinating’. Mentioning the other judges, he said that they are not only “brilliant entrepreneurs, but also excellent co-sharks”.

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Source: newstars.edu.vn

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