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What does HN think of the show Shark Tank?

15 pointsby lennysanalmost 16 years ago

12 comments

BrandonWatsonalmost 16 years ago
I like seeing what projects on which people are working, but the investors are ridiculous. There's no amount of diligence presented, they never justify the valuations they pull out of the air, they always seem to want to own 51%, and they act like they are the only way that one of the entrepreneurs is going to make it. It feels almost predatory on the poor entrepreneurs they bring in front of the panel.<p>Of course, I have it on my DVR and can't not watch it. Someone said it was like a car wreck - more like a blimp accident.
jack7890almost 16 years ago
It's a ridiculous caricature of what investor-entrepreneur relations are like.<p>I find the show vaguely nauseating. But even if you enjoy watching, realize that it's an entertainment gimmick, nothing more. I doubt many of the "deals" are ever transacted.
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delanoalmost 16 years ago
Dragon's Den is a much better show. You can watch the Canadian version online (which also features Kevin O'Leary and Robert Herjavec):<p><a href="http://www.cbc.ca/dragonsden/" rel="nofollow">http://www.cbc.ca/dragonsden/</a>
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alex_calmost 16 years ago
I think "Dragon's Den" is a better name. (the Canadian version)<p>I think it can be a great deal because you get to broadcast your pitch on primetime TV for free - I probably wouldn't go on it for the money, though.
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p01nd3xt3ralmost 16 years ago
Its a good show. Its funny to see people with really odd ideas like the "Ionic Ear".<p>It also made me realize how good a deal YC is.
hristovalmost 16 years ago
Well I guess abc does not care what I think because they have decided not to allow Linux users to download episodes.
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markbaoalmost 16 years ago
Complete and utter shit. Entertaining, but it smears both entrepreneurs and VCs/angels, with insulting offers and dramatized acting.<p>Dragon's Den isn't much better, either. It just has worse startups.
tjralmost 16 years ago
Based on the one-ish episode I've seen... there are some interesting bits, but also a lot of absurdity. Both the valuations proposed by the business owners and the ownership-percentages proposed by the "sharks" seem surprisingly high.<p>I suspect a lot of these deals could go quite a bit better on an order of magnitude lower scale.
pmoricialmost 16 years ago
It's on Hulu, <a href="http://www.hulu.com/watch/88498/shark-tank-series-premiere#s-p1-so-i0" rel="nofollow">http://www.hulu.com/watch/88498/shark-tank-series-premiere#s...</a>
joezalmost 16 years ago
I get a kick out of refreshing ideas but it feels like a horse kicked me when I see these people who have no idea of what their underlying expenses and scale are like.
pmoricialmost 16 years ago
Seems like all of the offers that are made are for greater than 50% of the business. Doesn't that mean they are basically buying controlling interests?
lennysanalmost 16 years ago
I'm completely sucked into this show, but I have an uneasy feeling about putting young entrepreneur in front of extremely experienced VC's.