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PG Is Not a Fan of Shark Tank

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Re: PG Is Not a Fan of Shark Tank

#3
SharkTank and YC are different products for different people. What is the biggest success SharkTank has had? Are they building multiple billion dollar businesses?

How many low-tech manufactured products has YC created?

I somewhat agree with Sacca, and completely see PGs point. But I think everybody is looking at things through the lens of their view of what an entrepreneur is.

ps. I hate saying I feel pg is wrong, feels like I must be making a mistake :)

Re: PG Is Not a Fan of Shark Tank

#4
post #2

He is absolutely right. Shark Tank is a show. Startup is a business. If you are in showbiz and looking for fun you should go there. Otherwise focus on customers.

Completely disagree. 90% of the companies on shark tank would be completely un-fundable through any other process including YC. Can't see how sponge-daddy would have ever made it into YC yet alone been successful had they even went through YC. And I doubt airBNB would have worked with Shark Tank. 2 completely different worlds. Both doing very good things for entrepreneurs.

Re: PG Is Not a Fan of Shark Tank

#5
I think part of the misunderstanding is with a virtual product you can cheaply iterate. With products that have a production cycle and physical costs associated with changes you need to sell what you have to fund next the cycle R&D.

Re: PG Is Not a Fan of Shark Tank

#7
post #2

He is absolutely right. Shark Tank is a show. Startup is a business. If you are in showbiz and looking for fun you should go there. Otherwise focus on customers.

Completely disagree. 90% of the companies on shark tank would be completely un-fundable through any other process including YC. Can't see how sponge-daddy would have ever made it into YC yet alone been successful had they even went through YC. And I doubt airBNB would have worked with Shark Tank. 2 completely different worlds. Both doing very good things for entrepreneurs.

As I'm reading it, you and pashakym are making the same argument. Not sure why they are getting down voted.

Re: PG Is Not a Fan of Shark Tank

#8

Earlier quoted context omitted.

Completely disagree. 90% of the companies on shark tank would be completely un-fundable through any other process including YC. Can't see how sponge-daddy would have ever made it into YC yet alone been successful had they even went through YC. And I doubt airBNB would have worked with Shark Tank. 2 completely different worlds. Both doing very good things for entrepreneurs.

As I'm reading it, you and pashakym are making the same argument. Not sure why they are getting down voted.

"If you are in showbiz and looking for fun you should go there." Makes it sounds like the businesses on shark tank aren't real businesses. I would argue that any business were you made out better then if you worked for someone else is a win.

Re: PG Is Not a Fan of Shark Tank

#9

Earlier quoted context omitted.

As I'm reading it, you and pashakym are making the same argument. Not sure why they are getting down voted.

"If you are in showbiz and looking for fun you should go there." Makes it sounds like the businesses on shark tank aren't real businesses. I would argue that any business were you made out better then if you worked for someone else is a win.

This is my personal opinion. This show might (only might) bring you a few users. However, I think it's a huge distraction.

Re: PG Is Not a Fan of Shark Tank

#10

Earlier quoted context omitted.

As I'm reading it, you and pashakym are making the same argument. Not sure why they are getting down voted.

"If you are in showbiz and looking for fun you should go there." Makes it sounds like the businesses on shark tank aren't real businesses. I would argue that any business were you made out better then if you worked for someone else is a win.

This is my personal opinion. This show might (only might) bring you a few users. However, I think it's a huge distraction.
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