5 ms·
Coercion 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 participa
by fredsters_s 14y ago
Coercion 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 14y 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 14y agoWhich of the Shark Tank & YC have a better track record by which we can compare?
- macspoofing 14y agoI'd be curious to see the stats. They do cater to different kinds of businesses, but it would still be interesting.
- rudiger 14y agoShark Tank has a good track record. So does Y Combinator. What's your point?
- rhizome 14y agoI think my point is in the details. Whose funding/promotion framework is more successful?