Ritesh Agarwal

16 statements across 1 episodes · 6 bullish · 2 bearish · 2 people on the record · first statement Mar 6, 2024 by Ritesh Agarwal · said 3 times in 2 episodes since 2024 · across every show →

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

Mentions by year

brought up most by Nikhil Kamath (2), Animesh Agarwal (1)

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Everything said about Ritesh Agarwal, oldest first

Mar 6, 2024
Assertion Supported
Agarwal: No Asian resident was selected for the Thiel Fellowship before him
“I think fundamentally post those questions, there was no other Asian resident who had become a fellow before me.”
Ritesh Agarwal Mar 6, 2024 ▶ 3:29:13 WTF Ep# 16 | What character "flaws" make the best entrepreneurs? Nikhil ft.Ritesh, Ghazal and Manish · Nikhil Kamath
Mar 6, 2024
Assertion Contradicted
Agarwal: OYO raised close to $1.5 billion in total capital
“Yeah, we raised close to a billion and a half dollars.”
Ritesh Agarwal Mar 6, 2024 ▶ 3:48:03 WTF Ep# 16 | What character "flaws" make the best entrepreneurs? Nikhil ft.Ritesh, Ghazal and Manish · Nikhil Kamath
Mar 6, 2024
Disclosure
Agarwal: I never sold secondary shares in OYO for personal liquidity
“I never did secondaries because the purpose and the enthusiasm was so exciting that nothing else mattered in terms of context.”
Ritesh Agarwal Mar 6, 2024 ▶ 3:11:01 WTF Ep# 16 | What character "flaws" make the best entrepreneurs? Nikhil ft.Ritesh, Ghazal and Manish · Nikhil Kamath
Mar 6, 2024
Disclosure
Agarwal: Naropa Ritesh Fellowship gives equity-free grants to graduates
“And what I have done with them is started a Naropa Ritesh fellowship where we basically, these are mostly hilly terrain kids gotten out of college, want to do something new. So I give them equity free debt free grants because the Thiel fellowship changed my li…”
Ritesh Agarwal Mar 6, 2024 ▶ 3:26:35 WTF Ep# 16 | What character "flaws" make the best entrepreneurs? Nikhil ft.Ritesh, Ghazal and Manish · Nikhil Kamath
Mar 6, 2024 neutral
Assertion Not checkable as stated
Agarwal: 10% of OYO hotels on minimum guarantees drove most losses
“90% of our hotels were revenue share hotels. 10% were minimum guarantee. Those 10% hotels drove most of the losses and 90% of them were highly margin accretive always.”
Ritesh Agarwal Mar 6, 2024 ▶ 3:48:55 WTF Ep# 16 | What character "flaws" make the best entrepreneurs? Nikhil ft.Ritesh, Ghazal and Manish · Nikhil Kamath
Mar 6, 2024 negative
Opinion
Ritesh Agarwal: The concept of legacy is inherently flawed
“You do the best you can, but the concept of legacy is flawed inherently. I think I fully agree with that.”
Ritesh Agarwal Mar 6, 2024 ▶ 2:44:43 WTF Ep# 16 | What character "flaws" make the best entrepreneurs? Nikhil ft.Ritesh, Ghazal and Manish · Nikhil Kamath
Mar 6, 2024 positive
Insight
Agarwal: Team sports athletes make better hires due to competitiveness and collaboration
“The first is, especially we would like to get people from team sports. So we believe that their ability to work with other people and make sure that the team wins rather than individual is better. Pursuit of excellence. Because in sports, you are competitive. …”
Ritesh Agarwal Mar 6, 2024 ▶ 2:57:06 WTF Ep# 16 | What character "flaws" make the best entrepreneurs? Nikhil ft.Ritesh, Ghazal and Manish · Nikhil Kamath
Mar 6, 2024 negative
Opinion
Kamath: Exceedingly nice people cannot become highly successful in business
“Somebody so nice can't be so successful. Fundamental belief in life.”
Nikhil Kamath Mar 6, 2024 ▶ 2:39:00 WTF Ep# 16 | What character "flaws" make the best entrepreneurs? Nikhil ft.Ritesh, Ghazal and Manish · Nikhil Kamath
Mar 6, 2024
Disclosure
Ritesh Agarwal worked barefoot in the office until recent years
“I used to at work take off my shoes and go inside for the longest time. And I, at some point of time I changed it, I think three, four years back, but for the longest time people used to sort of, there used to be a joke that, you know, he's at work by just not…”
Ritesh Agarwal Mar 6, 2024 ▶ 2:46:31 WTF Ep# 16 | What character "flaws" make the best entrepreneurs? Nikhil ft.Ritesh, Ghazal and Manish · Nikhil Kamath
Mar 6, 2024 positive
Disclosure
Agarwal: I have tried to model my business persona on Uday Kotak
“I think as a business person, somebody who at least over the last five years, and I said that I tried to transform myself, especially with the onset of COVID or around that period, four years maybe. I think that is Uday Kotak.”
Ritesh Agarwal Mar 6, 2024 ▶ 3:12:51 WTF Ep# 16 | What character "flaws" make the best entrepreneurs? Nikhil ft.Ritesh, Ghazal and Manish · Nikhil Kamath
Mar 6, 2024 positive
Assertion Not checkable as stated
Ritesh Agarwal: Lightspeed invests in only 3 to 5 companies annually
“They call themselves as a high conviction investor. So they say that we invest very little, like they would invest in a year, like four, five companies or three, four companies, but in the ones they believe in, they'll move very, very quickly.”
Ritesh Agarwal Mar 6, 2024 ▶ 3:05:30 WTF Ep# 16 | What character "flaws" make the best entrepreneurs? Nikhil ft.Ritesh, Ghazal and Manish · Nikhil Kamath
Mar 6, 2024 positive
Disclosure
Agarwal proposes ₹20 lakh grants per panelist for young founders
“So how about we, four of us, we all give something small, like 10 lakhs each or 20 lakhs each to four founders at the end of it as a grant.”
Ritesh Agarwal Mar 6, 2024 ▶ 4:13:11 WTF Ep# 16 | What character "flaws" make the best entrepreneurs? Nikhil ft.Ritesh, Ghazal and Manish · Nikhil Kamath
Mar 6, 2024
Disclosure
Agarwal: OYO began business consolidation and fixing errors in early 2020
“I have no qualms about saying it. So I started fixing and consolidating twenty-twenty early.”
Ritesh Agarwal Mar 6, 2024 ▶ 3:50:45 WTF Ep# 16 | What character "flaws" make the best entrepreneurs? Nikhil ft.Ritesh, Ghazal and Manish · Nikhil Kamath
Mar 6, 2024 positive
Assertion Supported
Agarwal: OYO manages 150,000 vacation homes across Europe
“Just in Europe, we managed 150,000 holiday homes. So we have a fairly large business in Denmark, Netherlands, Germany, and few of these geographies.”
Ritesh Agarwal Mar 6, 2024 ▶ 3:46:56 WTF Ep# 16 | What character "flaws" make the best entrepreneurs? Nikhil ft.Ritesh, Ghazal and Manish · Nikhil Kamath
Mar 6, 2024
Assertion Not checkable as stated
Agarwal personally handled customer support calls after raising VC funding
“So we had a call center, like most companies, and I used to be the call center person who would pick up calls. That's one call. I make the booking and I still love it because you speak to customers directly. Such an amazing job, right? So even after they inves…”
Ritesh Agarwal Mar 6, 2024 ▶ 3:38:21 WTF Ep# 16 | What character "flaws" make the best entrepreneurs? Nikhil ft.Ritesh, Ghazal and Manish · Nikhil Kamath
Mar 6, 2024 positive
Insight
Ritesh Agarwal: Projecting confidence without knowing what comes next is entrepreneurship's top skill
“This is the number one competency in entrepreneurship that you have to be confident no matter what, but really you have no idea what's going to happen next.”
Ritesh Agarwal Mar 6, 2024 ▶ 31:48 WTF Ep# 16 | What character "flaws" make the best entrepreneurs? Nikhil ft.Ritesh, Ghazal and Manish · Nikhil Kamath
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