Sharif College of Engineering and Technology
Department of Computer Science
Name:
Abdullah Jan
ID:
2019-UET-SHCET-LHR-CS-33
Department:
Entrepreneurship and Business Management
Submitted:
Mam Hira Mustafa
1|P age
Idea:
They have created a company named ARRCOAT. This company is famous for creating surface
textures and paints.
Ask from entrepreneurs:
They asked for 50 Lac rupee with 5 % equity.
Pitch:
Paint is a liquid or semi-solid substance that is applied to a surface to give it color, protection, and
aesthetic appeal. It is a versatile material that can be used for a variety of purposes, from decorating
and beautifying interior and exterior spaces to protecting surfaces from wear and tear, weathering,
and corrosion.
Almost all the companies use VOC in their products and this VOC (Volatile Organic Compound)
causes the cancer disease so. The company arrcoat has removed all of these issues and taken the
level of VOC up to 0%. There are also some benefits of this paint and textures.
Like:
It is water Resistant.
It is Crack poof.
It is washable.
It is having 0% VOC in it.
Interaction between Entrepreneurs and Tycoons:
Here's an interaction between the entrepreneur and the tycoons:
Entrepreneurs: Thank you so much for investing in for the invention of new VOC free paints and
textures. We're thrilled tohave your support and can't wait to take our product to the next level.
All of the sharks have rejected the idea of this company ARRCOAT just one shark has accepted
the idea with is some demands and the Entrepreneur’s got agreed upon it after some
conversation.
Result:
Entrepreneurs came with the mindset of 50 Lac Indian rupees in exchange of 5% equity and the
offer they accept from tycoons is 50 Lacs Indian rupees in exchange of 15% equity of their
company.
2|P age
3|P age
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4|P age