Amit Agarwal

11 statements across 1 episodes · 3 bullish · 3 bearish · 1 people on the record · first statement May 31, 2021 by Amit Agarwal · said 14 times in 1 episodes since 2022 · across every show →

On the record as a speaker too: Amit Agarwal's record, appearances and statements → this page counts the times other people say the name.

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Everything said about Amit Agarwal, oldest first

May 31, 2021 positive
Insight
Agarwal: Two years on a startup risks only 10% of a career
“See, I have around what, 25 years left to work more, and what if I give only 10 percentage of that? So two years if I give to startup, and if I earn nothing, and even if I blow out the savings which I have, I still have 90 percentage of my career left. So, so …”
Amit Agarwal May 31, 2021 ▶ 9:02 Disrupting real estate market with Amit Agarwal, Founder, NoBroker | 100x Entrepreneur Podcast
May 31, 2021
Disclosure
Agarwal: NoBroker's three founders shared a single hotel room when fundraising abroad
“We went to Japan, we went to Singapore, we went to South Korea to raise funds and many times it Involve two visits because you need the IEC, then you need one more time and so on. And of course, if you see from a logical point of view, you have couple of crore…”
Amit Agarwal May 31, 2021 ▶ 41:59 Disrupting real estate market with Amit Agarwal, Founder, NoBroker | 100x Entrepreneur Podcast
May 31, 2021 neutral
Disclosure
Agarwal: NoBroker started charging users 7-8 months after opening office
“After establishing office, it just took us seven or eight months when you said, Hey, we want to start charging.”
Amit Agarwal May 31, 2021 ▶ 30:07 Disrupting real estate market with Amit Agarwal, Founder, NoBroker | 100x Entrepreneur Podcast
May 31, 2021 positive
Assertion Not checkable as stated
Agarwal: NoBroker has surpassed 12M customers and 5M property listings
“So I believe that today, wherever no broker is, and we have more than 1.2 crore customers, we have more than Half a crore property listings posted on no broker site till now.”
Amit Agarwal May 31, 2021 ▶ 49:57 Disrupting real estate market with Amit Agarwal, Founder, NoBroker | 100x Entrepreneur Podcast
May 31, 2021 negative
Insight
Agarwal: Zero Entry Barriers and Cash Deals Degrade Real Estate Brokerage
“Because this field does not have any entry barrier, right? At least for advising a client about taxes, you need to have a degree. You need to perhaps be a CA. You need to be a doctor to give any mental advice, but to give advice about which house you should ta…”
Amit Agarwal May 31, 2021 ▶ 10:48 Disrupting real estate market with Amit Agarwal, Founder, NoBroker | 100x Entrepreneur Podcast
May 31, 2021
Assertion Supported
NoBroker raised $130M in under a year after $20M in five years
“Suddenly from a twenty million dollars in five years, suddenly one thirty million dollars more in, in next less than one year was something which basically gave us a lot more fuel than we had earlier received.”
Amit Agarwal May 31, 2021 ▶ 39:26 Disrupting real estate market with Amit Agarwal, Founder, NoBroker | 100x Entrepreneur Podcast
May 31, 2021 neutral
Disclosure
Agarwal: 90% to 95% of NoBroker users use the platform for free
“Even today, 1995 percentage of the customers in different categories, we allow for free and the rest basically pay.”
Amit Agarwal May 31, 2021 ▶ 31:40 Disrupting real estate market with Amit Agarwal, Founder, NoBroker | 100x Entrepreneur Podcast
May 31, 2021 negative
Insight
Agarwal: Mass real estate ads fail because shifting houses isn't impulsive
“If I show you right now, if I show you the world's best ad to shift a house, will you shift a house? Because there's a one by 12th chance that if you shift a house every year, one by 12th chance that you will be in that month today. So what is more important i…”
Amit Agarwal May 31, 2021 ▶ 21:45 Disrupting real estate market with Amit Agarwal, Founder, NoBroker | 100x Entrepreneur Podcast
May 31, 2021 negative
Insight
Agarwal: Expanding real estate marketplaces to new cities is a vanity metric
“And we felt that adding more cities is also another vanity metric because it gives you a feeling of aha that you are expanding, you have become a larger company, bigger company. But for a moment, just think about from a customer's point of view. As a customer,…”
Amit Agarwal May 31, 2021 ▶ 25:40 Disrupting real estate market with Amit Agarwal, Founder, NoBroker | 100x Entrepreneur Podcast
May 31, 2021
Disclosure
Agarwal: NoBroker raised $3M in its first funding round in early 2015
“The first check was 18 crores three million dollars and which basically came into two two tranches, one million and then two million. And this basically deal was finalized in early two and 15.”
Amit Agarwal May 31, 2021 ▶ 19:29 Disrupting real estate market with Amit Agarwal, Founder, NoBroker | 100x Entrepreneur Podcast
May 31, 2021 positive
Insight
Agarwal: In India, converting free users to paying one rupee is hardest
“In Indian context moving from a customer who is paying zero rupees to who is paying one rupee is a very big move. But from one rupee to a hundred rupees is not a big move at all. If a customer has taken out his wallet and he is ready to pay one rupee, he will …”
Amit Agarwal May 31, 2021 ▶ 30:37 Disrupting real estate market with Amit Agarwal, Founder, NoBroker | 100x Entrepreneur Podcast
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