Quote:
Originally Posted by MillimeterPeter
One thing I have learned from watching this show over the years is that it's absurd how delusional 90% of these small business owners are. From having no clue on accurate valuations to dumping in hundreds of thousands of dollars into products that people aren't buying.
There might be a slight selection bias here - both on the entrepreneurs and on the producers side. If you are a good entrepreneur you don't really need the shark tank. A 10 minutes TV add sure helps, but still, you have access to VCs, banks, etc.. On the producers side, I think they believe that people like these goofy pitches like draw-me-a-cat, paint-my-dog, etc.. tbh I would much rather see only pitches like the smart phone key app and the MBA guys running a website for recruiting high school athletes. That's just me though, having 4 pitches a night from MBA types might get a bit boring for the general audience.