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It's encouraging people to start their own businesses, which is a great thing. The quality is terrible though, so the lessons people take from it are mostly wro
by staunch 11y ago
It's encouraging people to start their own businesses, which is a great thing. The quality is terrible though, so the lessons people take from it are mostly wrong.
- pedrodelfino 11y agoCan you illustrate your argument with one clearly wrong lesson that they gave?
- staunch 11y agoThe entire premise of almost everything they do and say is wrong because the "Sharks" are clueless jokers. The best and brightest are not exactly lining up to be on Shark Tank, so it's a pile of rich people who got lucky and want to be famous. One example: they often doom their companies to failure by taking too much equity, making them completely unfundable by future investors and destroying the motivation of employees/founders.