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Lessons Learned from a Shark Tank Survivor

neiljoglekar.com

11–14 of 14 posts

Re: Lessons Learned from a Shark Tank Survivor

#12
post #8
post #5

I find that Shark Tank is a great learning experience just from a viewers prospective. I think, even with the added dramatic flare, that you can learn a lot from the 5 sharks that are sitting in that room at any given time. It is an enjoyable free class on entrepreneurship, as well as a view inside the mind of a millionaire to billionaire that one does not get access to very easily. Unfortunately I think a large amou…

Unfortunately, it is not free. You have to have cable to watch it in most cases.

You can usually watch at least the last 3 - 5 episodes on either Hulu or ABC streaming. Also if you live in most major cities, you can also get it for free via old school antenna.

Re: Lessons Learned from a Shark Tank Survivor

#13

A former client was on Shark Tank. The pitch in-studio was 2.5 hours and of course only 7 minutes was aired. The interest it generated (in terms of downloads) was enormous. It nearly filled the Heroku database during the show - which we quickly upgraded after it aired. A good metaphor for the negotiations before and after airing and the actual on-air pitch is an iceberg. 5% is visible on-air and 95% of the interactio…

I that's a pretty apt description - there is a lot that goes into this behind the scenes.

Re: Lessons Learned from a Shark Tank Survivor

#14
post #4

How would you address their concern that you should have been able to raise 250k from SV VCs? Also, Shark Tank valuations seem so low compared to Valley (or YC) valuations that I'm curious how you came up with the offered terms.

I did answer it, but they edited it out. I think it probably deserves another post.
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