WhiteHat Jr

17 statements across 2 episodes · 4 bullish · 2 bearish · 2 people on the record · first statement Jul 12, 2020 by Pratik Poddar · said 57 times in 9 episodes since 2020 · across every show →

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brought up most by Siddhartha Ahluwalia (35), Karan Bajaj (13), Sajith Pai (3), Rahul Chowdhri (2), Sameer Brij Verma (1), Pratik Poddar (1), K. Ganesh (1), Ishan Sharma (1)

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Everything said about WhiteHat Jr, oldest first

Jul 12, 2020 neutral
Disclosure
Poddar: Nexus Backed WhiteHat Jr at Idea Stage Without a Team or Product
“He had just quit the job and he was iterating on that. Yeah. So there was no product no experiment, no, no team. He was just one person trying to think of an idea.”
Pratik Poddar Jul 12, 2020 ▶ 23:02 Pratik Poddar, Nexus Ventures on the Growth & Monetization of EdTech Startups in India
Jul 12, 2020
Assertion Not checkable as stated
Poddar: 50% to 60% of WhiteHat Jr Parents Come From Tier 1 Cities
“We have about 50, 60% of parents from tier one cities, while others from tier two, tier three cities.”
Pratik Poddar Jul 12, 2020 ▶ 25:39 Pratik Poddar, Nexus Ventures on the Growth & Monetization of EdTech Startups in India
May 16, 2021
Assertion Supported
WhiteHat Jr employs more than 11,000 female teachers
“North of 11,000.”
Karan Bajaj May 16, 2021 ▶ 51:57 Founder and CEO of @WhitehatJr Karan Bajaj on his journey | 100x Entrepreneur Podcast
May 16, 2021
Assertion Not publicly verifiable
WhiteHat Jr scaled from ₹1 crore to ₹100 crore monthly in six months
“I did one crore of revenue in about, one crore per month of revenue in about the first nine months. With less than 20 people. One crore per month of revenue I hit, and after that I did a hundred crores of per month of revenue in six months. So every month I do…”
Karan Bajaj May 16, 2021 ▶ 37:08 Founder and CEO of @WhitehatJr Karan Bajaj on his journey | 100x Entrepreneur Podcast
May 16, 2021 negative
Disclosure
WhiteHat Jr had 20-30 marketing interns posting social content without oversight
“Marketing, like there was a bunch of 20, 30 interns doing whatever they wanted, because there was no oversight on them at all, right?”
Karan Bajaj May 16, 2021 ▶ 44:26 Founder and CEO of @WhitehatJr Karan Bajaj on his journey | 100x Entrepreneur Podcast
May 16, 2021
Insight
A founder's core functional strength becomes the company's biggest vulnerability
“The founder strength will become the biggest weakness of the company because the founder has no time, right? The founder can't be a vertical owner at all. The founder has to be somebody who owns the whole company, right?”
Karan Bajaj May 16, 2021 ▶ 39:29 Founder and CEO of @WhitehatJr Karan Bajaj on his journey | 100x Entrepreneur Podcast
May 16, 2021 bullish
Assertion Not checkable as stated
WhiteHat Jr reached ₹100 crore monthly revenue solely via Facebook and referrals
“We built an entire hundred crores a month business just on Facebook advertising and referrals, right? People were referring Whitehead Junior and Facebook advertising was working and we did nothing else, right?”
Karan Bajaj May 16, 2021 ▶ 28:11 Founder and CEO of @WhitehatJr Karan Bajaj on his journey | 100x Entrepreneur Podcast
May 16, 2021
Disclosure
WhiteHat Jr conducted daily one-hour reviews of 20 key metrics
“There's a practice that we had at 10 o'clock in the morning. We would look at all the metrics, 10 to 11 o'clock for the day that went past. And I still do that daily without a break, right? We look at How many people signed up for the trial from which medium? …”
Karan Bajaj May 16, 2021 ▶ 1:04:15 Founder and CEO of @WhitehatJr Karan Bajaj on his journey | 100x Entrepreneur Podcast
May 16, 2021
Assertion Not checkable as stated
Sequoia and Lightspeed rejected WhiteHat Jr's seed pitch via LinkedIn messages
“Out of which Sequoia rejected, Matrix and Nexus were very interested. And I think Lightspeed rejected. So out of the five, three rejected, two were very interested and that's it.”
Karan Bajaj May 16, 2021 ▶ 34:59 Founder and CEO of @WhitehatJr Karan Bajaj on his journey | 100x Entrepreneur Podcast
May 16, 2021
Insight
WhiteHat Jr defined PMF as 50 NPS, 50% renewals, 10-12% conversions
“I had defined that product market fit would be when Net Promoter Score hits 50. We were rigorously measured Net Promoter Score from the first day of the company. When Net Promoter Score would hit 50, renewals would hit 50 percentage, because I knew I would be …”
Karan Bajaj May 16, 2021 ▶ 36:14 Founder and CEO of @WhitehatJr Karan Bajaj on his journey | 100x Entrepreneur Podcast
May 16, 2021
Insight
Creative industries see 90% failure and only 1% breakout success
“All of these industries I've seen is that they follow surprisingly a very similar pattern. Where 90% of will fail out of the remaining 10%, nine percent will be equal to doing a job, right? The payouts or the, kind of, the end outcomes will be very similar to …”
Karan Bajaj May 16, 2021 ▶ 20:30 Founder and CEO of @WhitehatJr Karan Bajaj on his journey | 100x Entrepreneur Podcast
May 16, 2021 neutral
Assertion Not checkable as stated
Infamous 'Wolf Gupta' ads were just 8 of 1,200 WhiteHat Jr creatives
“We are talking about, like, 1200 creatives on Facebook. Out of which six or eight creatives out of 1200, or maybe like, you know, creatives You know, Vish our social media creatives that somebody thinks is, it's not that there's a claim that this kid has made …”
Karan Bajaj May 16, 2021 ▶ 53:24 Founder and CEO of @WhitehatJr Karan Bajaj on his journey | 100x Entrepreneur Podcast
May 16, 2021 positive
Assertion Supported
WhiteHat Jr delivered a 10x exit for investors in under a year
“I'd raise only ten million dollars. Right. The last round company was valued at only nine months ago was valued at thirty million dollars. Three hundred million dollars straight cash deal would get all of the investors at least a 10 X exit in minimum in less t…”
Karan Bajaj May 16, 2021 ▶ 46:42 Founder and CEO of @WhitehatJr Karan Bajaj on his journey | 100x Entrepreneur Podcast
May 16, 2021 negative
Insight
Building custom video platforms for live learning startups is a mistake
“Building your own video platform for a live learning company is just like, in my opinion, it's the worst thing you can do because there's a solved problem with zoom. And so many people have solved the live learning video problem, right? Your problem to solve i…”
Karan Bajaj May 16, 2021 ▶ 1:03:01 Founder and CEO of @WhitehatJr Karan Bajaj on his journey | 100x Entrepreneur Podcast
May 16, 2021 positive
Assertion Not checkable as stated
WhiteHat Jr's NPS rose from 50 to 70 during hyper-growth
“I mean, I'm in my second year like full and scaled and right we've gone from 50 to 70. Typically with scale in a services model, you actually decline. And we've been so religiously following this NPS metric that there was only Kind of one month in the middle, …”
Karan Bajaj May 16, 2021 ▶ 50:28 Founder and CEO of @WhitehatJr Karan Bajaj on his journey | 100x Entrepreneur Podcast
May 16, 2021 positive
Assertion Not checkable as stated
WhiteHat Jr held $14M cash at acquisition after raising only $11M
“It doesn't represent the fact that 70% of revenue comes from referrals and people telling other people and the fact that like a hundred crore a month business in India has been created with no capital or like at the time of acquisition, I had fourteen million …”
Karan Bajaj May 16, 2021 ▶ 54:39 Founder and CEO of @WhitehatJr Karan Bajaj on his journey | 100x Entrepreneur Podcast
May 16, 2021
Assertion Not checkable as stated
WhiteHat Jr scaled from 300 to 6,000 employees in six months
“In March of 2020, we were 300 people, right? In August, 2020, we were 6000 people, right? So in six months, I went from 300 to 6000 people without a very clear framework around values and stuff.”
Karan Bajaj May 16, 2021 ▶ 41:13 Founder and CEO of @WhitehatJr Karan Bajaj on his journey | 100x Entrepreneur Podcast
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