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.
I`m not sure what % of companies go there for funding and what % go there for fun and show. If you want $ for funding and you have something to show you have much better chances through private meetings with investors.
sharemywin|10 years ago
pashakym|10 years ago
pedalpete|10 years ago