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> morally abhorrent No coercion. If you don't like the deal, you're free to avoid it.
by aaronblohowiak 15y ago
> morally abhorrent
No coercion. If you don't like the deal, you're free to avoid it.
- fredsters_s 15y agoCoercion is not a precondition of abhorrence. Even if it was, the publicity value of the show could be seen as leverage with which to coerce potential participants. The point is, this is a predatory act and it should not be misunderstood as 'fair' or 'ok'.
- macspoofing 15y agoYou're spinning a little bit too much hyperbole. It would be nicer for the entrepreneurs if ABC didn't take a cut but clearly they aren't that nice. However they are getting 15 mins of national exposure to a captive audience - that's worth something. Doesn't YCombinator give pittance amount of capital for an equity stake in the companies it invests in, with the value proposition being largely in introductions to VCs/Angels and some strategic help? Are they coercive?
- rhizome 15y agoWhich of the Shark Tank & YC have a better track record by which we can compare?
- macspoofing 15y agoI'd be curious to see the stats. They do cater to different kinds of businesses, but it would still be interesting.
- rudiger 15y agoShark Tank has a good track record. So does Y Combinator. What's your point?
- rhizome 15y agoI think my point is in the details. Whose funding/promotion framework is more successful?