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I just think he really likes the show and really think he can help entrepreneurs (I happen to agree with both). SharkTank sure is sometimes a media play, and its sometimes less about the entrepreneur than the story, but you gotta admit that he is helping some really good people.


I've always wondered about the equity deals that get struck on SharkTank. Sometimes you see them make deals where the founder retains 51% of the company, but if you dig into the paperwork from ABC you see "ABC takes 5% equity or 2% royalty from all companies that appear on Shark Tank" (previous discussion: http://news.ycombinator.com/item?id=3946008 ). Whose share does that come out of, and where does that leave the founder? If it comes out of their share, they'd be left in a minority position if they now hold 46%, the "shark" hold 49% and ABC holds 5%.


Oh yeah, I definitely agree. That comment wasn't meant to be a stab at him or anything. Just how I thought he, personally, viewed the show. I actually love watching SharkTank, for it's entertainment value. There is even a local guy in our local "startup scene" that will be on the show here in the upcoming season! Pretty neat.




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