How to create a ecosystem? Planning to start a business? Our Guest Dr Ankit Mehrotra founder of @Dineout will tell you everything about business, his mistakes, learnings and many interesting things. Watch the video to know more.
0:00 Introduction
0:41 Ankit’s Journey
2:01 How did you get the Idea?
3:16 Initial Investment for the Startup
4:14 How much did you Invest in Starting?
4:43 Customers before First Funding Round
6:58 Onboarding Restaurants challenges
7:52 Initial Team members
8:15 Hiring challenges initially?
9:23 How did you hire in the initial phase?
9:50 First Client
11:16 First Sale
14:45 Marketing
15:30 CAC
17:26 More about the Food Industry
22:54 Why we don’t hear so much about Dineout?
26:12 Business model breakdown
27:40 B2B Acquisitions of Dineout
31:43 Lockdown effect on the business
33:43 B2B to B2C Ratio
34:35 Pricing of B2B model
37:21 Variable Pricing in Restaurant Industry
39:44 Explanation of entire product
42:19 Restaurants that shut down in the lockdown
46:15 When did you feel the need of funding?
47:19 How to find investors?
49:16 How to get funding from him?
49:28 How do you calculate valuation?
53:56 Equity Dilution
55:18 How did you retain initial employees?
56:46 How much ESOPs should be diluted in starting?
59:01 How do you manage your personal finance?
1:03:36 RAPID FIRE ROUND
1:08:53 Industries he is bullish on
1:09:51 Advice for a student
1:10:57 Last message for the viewers
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