Ashneer Grover new Venture CricPe is dead
In the world of d11 and games 24x7, Mr. ashneers startup has failed miserably and proved that he is good in reels and shark tank only??
Startupjunkie
Stealth
a year ago
Launched in a rush! Competition already has loyal customer base..wat next for him now ?
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There is not much moat in fantasy apps. Literally, every new startups ads come up between match overs. I guess more than 10 startups are competing in fantasy apps. Also, one customer won't be betting in multiple apps. Secondly, there is regulatory hurdle. Either, Ashneer will have to pivot or there is instant death in his startup. I hope investors don't put money in Cricpe. There is not much scope in new fantasy apps.
Amazed to see what passes of as "gaming" borders on gambling real money, with enough bots to make Elon squirm.
Enough families will end up on the streets, thanks to the hope for an El Dorado of riches being just a few clicks away.
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Shitposter
Stealth
a year ago
Rushed it and probably underestimated it. Building a fantasy/rmg platform requires a very good tech setup because you will get spike traffic from day1. They don't even have live leaderboard ffs.
Startupjunkie
Stealth
a year ago
Maybe his popularity played against him..too much traffic on day 1
Shitposter
Stealth
a year ago
Yup also they decided to run ads on tv not a good idea and launched 4 crore pools that went unfilled i am not even sure what are they doing.
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A junkie for attention, he's surely underestimated the space but interesting to see how to unfolds.
Maybe he will open an "alt-MBA/founder school" next, since he knows everything there is to know about business.
Cricpe doesn't have any USP, giving a share to crickters won't matter to customers. Also UX of competition is ahead.
Also giving money to players would lead to facing scrutiny from BCCI
Noctus
Stealth
a year ago
Tbh he was really overrated
He really thought just because his reels are getting engagement and some folks are dickriding him he will be able to get a great head start, but failed to realise most of his fanboys dont even earn enough. Even partnering with sharmajikabadabeta and other influencers isn’t gonna help him grow that cricpe. I wonder if Bharatpe was even his idea to start with.
It was idea if shashwat and bhawin...iitD dropouts
Grover pitched it after grofers didn't gave him stake and kicked
Startupjunkie
Stealth
a year ago
Yup..not his idea
Dude has a IIT and IIM degree and started a gambling app and saying some percent will go to players as if that is some spacex level innovation. I say it again, Indian entrepreneurship space leaders are jokers. Ashneer, Kunal Shah, Warikoo all of them. Here to make a quick buck at the expense of everything
Not all iit, iim grads are gem...15000 from iit and 5000 from IIM pass out each year...lots of people.
But yeah, Ashneer failed a big time.
He even said that d11 will have to copy his biz model.like fintechs did in P2P and Bharat pe all in 1 qr
he is good as a servant to any board or MNC, and just knows to talk doglapan, have read his book, building profitable startup is a thing he will do in his next life. Lol
Noctus
Stealth
a year ago
Lol I was also thinking same after reading his book
Indusplateau
Stealth
a year ago
Ye sab doglapan hai paise banane ka
