I’ve been wondering: is the ROI there? How many companies do they bash that go on to prove them wrong? Is the Shark’s instinct correct? I’ve been wondering if these guys are actually good at investing. 207 million dollars have been invested through the show to date.īut it’s easy to tell a success story out of these massive success cases. It is a nasty application process that involves paperwork, interviews, and auditions, all to get in front of the sharks and pitch (and most likely get torn to shreds). Is the privilege of pitching the sharks enough to make it worth it? The exposure alone seems to have been enough to put several companies in front of other potential investors and propel them to success.
What's true is that millions of dollars are moved through Shark Tank each season, even if it's just by the indirect effect of pitching in a reality television show. If you're unfamiliar with the world of celebrity venture capitalists, it's only natural to wonder if the sharks are the real deal - if they really are billionaire investors with successful businesses in their portfolio, or if they're just television personalities. If you've seen it, you know how it goes: aspiring entrepreneurs stand in front of the "Sharks", a rotating panel of investors like Mark Cuban, Barbara Corcoran, Daymond John, Lori Greiner, Robert Herjavec and Kevin O'Leary. Every year over 40,000 companies go through months of effort trying to get a coveted spot on one of the world’s most popular shows: Shark Tank.
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