Mark Cuban makes Shark Tank remove equity clause in contract
1–10 of 64 posts
Re: Mark Cuban makes Shark Tank remove equity clause in contract
#2Savvy entrepreneurs aren't willing to trade an automatic stake in their company for appearing on a show without a deal
Re: Mark Cuban makes Shark Tank remove equity clause in contract
#3This is an awesome step in the right direction.
Hoping to see some better companies and more balanced deals.
Re: Mark Cuban makes Shark Tank remove equity clause in contract
#4I know very little about him but this instantly makes me think he is a decent person at heart.
(and retroactive too, nice detail)
Re: Mark Cuban makes Shark Tank remove equity clause in contract
#5I know very little about him but this instantly makes me think he is a decent person at heart. (and retroactive too, nice detail)
He is strongly opposed to high-frequency/algorithmic stock trading as well. Plus, he is regularly the most-fined owner in the NBA for telling the officials that they blew calls in press conferences.
At the very least, he's certainly entertaining.
Re: Mark Cuban makes Shark Tank remove equity clause in contract
#6I know very little about him but this instantly makes me think he is a decent person at heart. (and retroactive too, nice detail)
He is strongly opposed to high-frequency/algorithmic stock trading as well. Plus, he is regularly the most-fined owner in the NBA for telling the officials that they blew calls in press conferences. At the very least, he's certainly entertaining.
Re: Mark Cuban makes Shark Tank remove equity clause in contract
#7That was always my biggest gripe with Shark Tank and the main reason I would advise people to stay away. I'm glad they finally fixed that.
Re: Mark Cuban makes Shark Tank remove equity clause in contract
#8mark cuban, obviously not a traditional VC. and that is a good thing.
Re: Mark Cuban makes Shark Tank remove equity clause in contract
#9I love this. Never knew this was a clause...glad he pushed for this.
Mark really does seem like a stand up guy.
Shark Tank sounds kinda 'fluffy' and I never paid it much attention for the first few seasons - but then I heard about a company that pitched and I was intrigued so I was searching through the episodes of one of the earlier seasons and I realized how awesome the show is.
It is amazing to watch and see how quick the Sharks can sniff out vagaries of a deal - e.g. if an entrepreneur raised money before at some crazy price, or the cap table looks very weird, or the company was loaded up with debt. They always seem to get to that pretty quickly.
I wonder if that is because they (the show) do due diligence on each company before they reach the sharks and the sharks have notes about what to ask for.
Either way, I am always surprised by the quality of the pitches shown. Some are lame, but some are surprisingly good with solid business and likely solid growth prospects.
As a general rule, their instincts tend to be pretty spot-on - it seems.
Re: Mark Cuban makes Shark Tank remove equity clause in contract
#10I love this. Never knew this was a clause...glad he pushed for this. Mark really does seem like a stand up guy. Shark Tank sounds kinda 'fluffy' and I never paid it much attention for the first few seasons - but then I heard about a company that pitched and I was intrigued so I was searching through the episodes of one of the earlier seasons and I realized how awesome the show is. It is amazing to watch and see how q…
I think it's also because the pitches are actually much longer than what goes on TV - cutting a few hours down to 10 mins or so, while still trying to make it flow well.