Amrit Acharya

10 statements across 1 episodes · 5 bullish · 1 bearish · 1 people on the record · first statement Oct 4, 2021 by Amrit Acharya · said 2 times in 1 episodes since 2021 · across every show →

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

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Everything said about Amrit Acharya, oldest first

Oct 4, 2021 neutral
Disclosure
Acharya: Zetwerk's business is mostly one-off purchases per site
“Bulk of what we do is what we call one-off purchase. structurally the same product that same customer may not need, or the same customer may need the same product in a different geography. So what happens is repeat for us is at a customer level for the same…”
Amrit Acharya Oct 4, 2021 ▶ 19:03 Zetwerk founder on Pivoting, Funding and Building a Manufacturing Unicorn ft. Amrit Acharya
Oct 4, 2021
Disclosure
Acharya: I conduct one-on-one meetings with 100 Zetwerk employees
“I do one-on-ones with a hundred people in the company.”
Amrit Acharya Oct 4, 2021 ▶ 33:15 Zetwerk founder on Pivoting, Funding and Building a Manufacturing Unicorn ft. Amrit Acharya
Oct 4, 2021
Insight
Acharya: Founders must distinguish high-conviction term sheets from FOMO-driven offers
“As a founder, you should pause and really evaluate whether You know, the conviction that you're getting from the market is a high conviction offer or whether it's a FOMO driven offer. It's important to distinguish the two because in good times, everyone is hap…”
Amrit Acharya Oct 4, 2021 ▶ 39:50 Zetwerk founder on Pivoting, Funding and Building a Manufacturing Unicorn ft. Amrit Acharya
Oct 4, 2021 negative
Insight
Acharya: Contract manufacturing delivery estimates are typically off by 2x to 3x
“Like what happens in, in manufacturing is you get an estimate and your estimates are off by almost two X, three X.”
Amrit Acharya Oct 4, 2021 ▶ 11:31 Zetwerk founder on Pivoting, Funding and Building a Manufacturing Unicorn ft. Amrit Acharya
Oct 4, 2021 positive
Insight
Acharya: Distributing orders across suppliers eliminates delivery time risks
“Working with six suppliers, 10 suppliers, actually de-risk time by six x, 10 x, because one out of six may fail, but very rarely six out of six will fail.”
Amrit Acharya Oct 4, 2021 ▶ 12:37 Zetwerk founder on Pivoting, Funding and Building a Manufacturing Unicorn ft. Amrit Acharya
Oct 4, 2021 positive
Assertion Partly supported
Acharya: Zetwerk is EBITDA positive and generating cash
“Two months back we announced that we are EBITDA positive as well. So we started generating cash from the business.”
Amrit Acharya Oct 4, 2021 ▶ 6:24 Zetwerk founder on Pivoting, Funding and Building a Manufacturing Unicorn ft. Amrit Acharya
Oct 4, 2021 bullish
Assertion Not checkable as stated
Acharya: Zetwerk scaled from 1 to 10 crores monthly in six months
“The business had scaled From one crore a month to like 10 crores a month in barely six months.”
Amrit Acharya Oct 4, 2021 ▶ 10:11 Zetwerk founder on Pivoting, Funding and Building a Manufacturing Unicorn ft. Amrit Acharya
Oct 4, 2021 neutral
Disclosure
Acharya: Zetwerk recognizes GMV as revenue as a managed marketplace
“In our case GMV is equal to revenue just to clarify, because the way, way we operate the business is we, to the customer, we are, That's why we call ourselves a managed marketplace. So to the customer, we are their point of contact. We are the, we are their ma…”
Amrit Acharya Oct 4, 2021 ▶ 6:55 Zetwerk founder on Pivoting, Funding and Building a Manufacturing Unicorn ft. Amrit Acharya
Oct 4, 2021 bullish
Insight
Acharya: Existing investors doubling down provides the highest quality market signal
“But I think it's the highest quality signal if your existing investors are doubling down or tripling down on the same company. When the typical venture model is to have distribution across investments. And if there are folks on your cap table who want to conce…”
Amrit Acharya Oct 4, 2021 ▶ 43:03 Zetwerk founder on Pivoting, Funding and Building a Manufacturing Unicorn ft. Amrit Acharya
Oct 4, 2021 positive
Assertion Not checkable as stated
Acharya: Zetwerk suppliers see at least 20% average revenue lift
“On, on average, our suppliers see at least a 20% lift in revenue. It may happen in two quarters, it may happen in four quarters, but that's the impact that these guys see.”
Amrit Acharya Oct 4, 2021 ▶ 26:00 Zetwerk founder on Pivoting, Funding and Building a Manufacturing Unicorn ft. Amrit Acharya
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