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It

costs

~1.35

lakh

crore

every

time

we

vote

as

a

country

-

what

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could

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20%

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Day

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This

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founders

fight

for

high

valuations

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their

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in

Shark

Tank...

Imagine

you

are

running

a

business

and

have

100%

of

its

equity

at

a

valuation

of

1

crore...

So

you

net

worth

will

also

me

1

crore...

Now

after

increasing

some

revenue,

you

go

on

shark

tank

to

raise

funds

and

you

gave

10%

of

your

equity

in

exchange

of

20

lacs

(at

a

valuation

of

2

crores).

So,

you

equity

will

go

down

from

100%

to

90%,

but

your

net

worth

will

now

be

1.8

crores

(90%

of

2

crores).

Because

of

higher

valuation

of

business,

despite

the

reduced

equity,

your

net

worth

increases

and

this

is

the

main

reason

founder

fight

for

higher

valuation

of

the

business...

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